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Snapdeal makeover: Founders Kunal Bahl and Rohit Bansal take 100% salary cut, write letter to employees

Snapdeal makeover: Founders Kunal Bahl and Rohit Bansal take 100% salary cut, write letter to employees

After reports came in about Indian e-tailing portal Snapdeal set to lay off 500 to 600 employees from the company, now co-founders Kunal Bahl and Rohit Bansal have reportedly taken a 100 percent salary cut.

What is “bad bank”?
What is “bad bank”?

India’s Chief Economic Advisor Arvind Subramanian on Wednesday said there is an urgent need for India to create a ‘bad bank’ that could buy up bad debts from lenders to restructure them, and could take politically tough decisions to reduce debt.

Deposited loan amount of Rs 20,000 or more post demonetisation? I-T may initiate penal action and impose penalty
Deposited loan amount of Rs 20,000 or more post demonetisation? I-T may initiate penal action and impose penalty

The Income Tax department may initiate penal action and impose an equivalent penalty in select cases of loan amount deposits of Rs 20,000 or more as part of the 'Operation Clean Money' to check stash post demonetisation.

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PERSONAL FINANCE

EPFO: Non-Aadhaar, non-PAN users to provide more information, pay extra TDS while claiming PF money
EPFO: Non-Aadhaar, non-PAN users to provide more information, pay extra TDS while claiming PF money

Everybody wants to get back every paisa of the retirement money which one saves during one's employment. But by not following certain rules and regulations, you may loose a part of your hard-earned money. Moreover, you may also have to provide more proofs for claiming the amount, which might delay the payment.

Horoscope: By Peter Vidal

Today ( 22 Feb )This Week ( 19 Feb - 25 Feb )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more