https://www.taxtmi.com/news?id=51261 Over 1,017 employees of the state-owned steel company opted for the Voluntary Retirement Scheme (VRS-II) offered under Department of Public Enterprises guidelines; the scheme opened in mid-June and closed in mid-July and provides benefits equivalent to the prior VRS. The company, which reported 13,536 regular employees, is subject to an earlier in-principle disinvestment approval, carries significant liabilities that limited further borrowing, and has received a government financial infusion to sustain operations. en-us Fri, 01 Aug 2025 17:01:04 +0530 Fri, 01 Aug 2025 17:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51261 Over 1,017 employees of the state-owned steel company opted for the Voluntary Retirement Scheme (VRS-II) offered under Department of Public Enterprises guidelines; the scheme opened in mid-June and closed in mid-July and provides benefits equivalent to the prior VRS. The company, which reported 13,536 regular employees, is subject to an earlier in-principle disinvestment approval, carries significant liabilities that limited further borrowing, and has received a government financial infusion to sustain operations. News - Fri, 01 Aug 2025 17:01:04 +0530 https://www.taxtmi.com/news?id=51261