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Benefits for Retired Employees under Income Tax Law
Posted on Author Synergy Insolvency Professionals LLP
Highlight Higher Basic exemption limit Exemption from tax on amount received as Gratuity, Commuted Pension, Leave Encashment and from Provident Fund Higher deduction for Medical Insurance Premium Higher deduction limit for interest from Banks and Post Office. BENEFITS UNDER DIRECT TAXES FOR RETIRED EMPLOYEES I am retired from service, after serving for 35 years, […]
Whether the provisions of IBC relating to Corporate Insolvency Resolution Process (CIRP) recognise the Principle of Insolvency Set-off. Interpretation of Regulation 29 of Liquidation Process Regulations, 2016. Bharti Airtel Ltd. and Another Vs. Vijaykumar V. Iyer and Others – Supreme Court.
Posted on Author Synergy Insolvency Professionals LLP
An interesting question came up before the SC, on the right to claim set-off in the Corporate Insolvency Resolution Process, when the Resolution Professional proceeds in terms of clause (a) to sub-section (2) of Section 25 of the Insolvency and Bankruptcy Code, 2016 to take custody and control of all the assets of the corporate […]


