Latest News for: vrs

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Man opted for VRS after employer shut plant, got Rs 65.21 lakh and reported it as advance salary in ITR; Section 89 relief was denied, but ITAT Pune later ruled it a non-taxable capital receipt

The Times of India 07 Oct 2026
You choose to retire early and get money from your company for the VRS ... What happens then?In one such case a man chose to retire under a voluntary retirement scheme (VRS) following the closure of the manufacturing plant operated by his employer ... .
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Why Odisha chief electoral officer's VRS plan after SIR raises eyebrows

India Today 05 Oct 2026
Why Odisha chief electoral officers VRS plan after SIR raises eyebrows ... .
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Odisha CEO seeks VRS for personal reasons

The Times of India 30 Sep 2026
Bhubaneswar ... However, Gopalan said his decision was unrelated to the exercise. “I have submitted my papers for personal and health reasons ... Gold Rate in Bhubaneswar . Silver Rate in Bhubaneswar . Bank Holidays in Bhubaneswar ... Petrol Price in Bhubaneswar .
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UPS for Railway employees: Assured pension, VRS and one-time switch to NPS explained

The Times of India 23 Sep 2026
Additionally, employees can opt for voluntary retirement after 20 years of service. .
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Retiring early? Know how much tax exemption can employees claim for VRS

The Economic Times 28 Aug 2026
You can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS ... .
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Is severance pay received under a VRS taxable for all employees? Know what the Income ...

The Economic Times 26 Aug 2026
Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says ... .
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