New Delhi, Oct 7 (PTI) SpiceJet, which has been facing turbulent times, has deposited the Tax Deducted at Source (TDS) of all employees for the financial year 2021-22, according to an internal communication.

As per the communication, a significant portion of provident fund contributions of all employees is also being credited.

Also Read | Gautam Adani Announces Investments Worth Rs 65,000 Crore in Rajasthan.

In September, the loss-making airline hiked salaries of its captains and senior first officers by around 20 per cent with effect from October.

The government's Emergency Credit Line Guarantee Scheme (ECLGS) is providing some sort of financial relief for the carrier.

Also Read | Bihar Shocker: Man Practicing Witchcraft Sacrifices 7-Year-Old Son in Banka; Arrested.

On Thursday, an airline source said it was expected to receive an additional Rs 1,000 crore as part of the modified ECLGS.

SpiceJet had posted a net loss of Rs 789 crore for the June quarter as well as Rs 458 crore for the quarter ended March 2022.

The carrier, whose flights have been restricted to 50 per cent till October 29 by aviation regulator DGCA, last month sent 80 of its cockpit crew on leave without pay for three months.

At that time, the airline said the measure, "which is in line with SpiceJet's policy of not retrenching any employee which the airline steadfastly followed even during the peak of the Covid pandemic, will help rationalise the pilot strength vis- -vis the aircraft fleet".

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)