Karnataka jobs reservation for Kannadigas: India Inc says move ‘discriminatory’, calls for it to be junked

(0)
News

The Karnataka cabinet approved a bill mandating 50% reservation for locals in management jobs and 75% in non-management jobs in the private sector, along with 100% reservation for locals in “C&D” grade government jobs. Industry leaders, including Mohandas Pai and Kiran Mazumdar-Shaw, criticized the bill as discriminatory and potentially harmful to the tech industry.

Leave a Reply Cancel reply

PPF, SSY, other small savings schemes are not only about tax saving - Here's what you are missing
Small savings schemes like PPF, SSY, and NSC are relevant even for the taxpayers who have opted for the new tax regime. These schemes are being changed and recast as tools for long-term, tax-resistant, purposeful saving. They are not out of date; their role in Indian household finance is changing.
Account aggregator 2.0: The inflection point India has been waiting for
The Account Aggregator framework, introduced by RBI, enables secure, consent-based sharing of financial data. It allows individuals to control their data while facilitating faster credit decisions and reducing reliance on manual document uploads, thus enhancing the financial ecosystem in India.
What is property tax? From how to calculate to penalty on late payments — all you need to know
Property tax, imposed by municipal authorities on real estate, varies by location and property value. From how to calculate to penalty on late payments — full details here.
What is professional tax and who needs to pay it? Is it part of your CTC? All you need to know
While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their professions in states where this tax is levied. Here is everything you need to know.
Owning India’s real estate one square foot at a time with ease: Alt DRX's Avinash Rao
You can sit where you are right now, use that mobile phone, and own a square foot anywhere in the country, said Avinash Rao, founder of Alt DRX, a blockchain-powered digital real estate marketplace
Indians want global assets. See how to invest abroad despite limits.
Viram Shah, co-founder and CEO, Vested Finance, and Vaibhav Shah, head of products, business strategy and international business, Mirae Asset Investment Managers (India), share how you can invest abroad at Mint Money Festival 2026.
Why mutual funds are emerging as the default investment choice
At Mint Money Festival in Mumbai, top mutual fund CEOs explain why India’s MF boom reflects a structural savings shift—and why asset allocation and discipline matter more than chasing returns.
Are Reits the right way to own top commercial real estate?
Pratik Dantara, EPC member of the Indian REITs Association and chief investor relations officer and head of strategy at Nexus Select Trust, weighed in on the question at the Mint Money Festival.
Income-tax draft rules 2025: Form 16 and 26AS numbers to change from 1 April? Here's all you need to know
The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed numbers for Form 16 (TDS on salary) and Form 26AS (AIS) among others. Here's all you need to know…
Financial DNA: Why your credit score is the new social currency
At the Mint Money Festival 2026, CRIF Highmark’s Ramkumar Gunasekaran explained how credit scores now influence everything—from loans and insurance to jobs and even marriage.

Karnataka jobs reservation for Kannadigas: India Inc says move ‘discriminatory’, calls for it to be junked

Leave a Comment

Leave a Reply Cancel reply