Gratuity is a crucial financial benefit designed to provide monetary security to employees during key milestones such as resignation, retirement or unforeseen events. If your last-drawn basic salary ...

Employees are noticing a dip in take-home salaries due to new labour codes impacting salary structures. Increased Provident Fund and gratuity contributions, now based on a higher basic salary ...

Gratuity rules in India have changed, and they could directly impact how much you receive when you leave a job. While the 5-year rule still applies for many, some employees can now qualify in just one ...

The new labour laws, implemented on November 21 last year, have significantly overhauled the country’s framework governing employment, workplace policies, and wages. The implementation of new labour ...

India’s new labour codes change how your salary, PF, gratuity and overtime are calculated, with new wage rules already in ...

As the new labour codes kick in, replacing the 29 old labour laws, a considerable discussion has started in the country. Having been enacted five years ago, these labour laws envisage offering ...

The new labour code is set to increase gratuity payouts by expanding the definition of wages, directly raising the base used in calculations. But since tax exemptions still rely on a narrower salary ...

The new labour codes, which were implemented from 1 April, have introduced significant changes to provident fund, salary and gratuity payments among others. Under the new labour codes, the Centre has ...

The Department of Pension and Pensioners’ Welfare under the Ministry of Personnel, Public Grievances and Pensions of the Central Government has issued an important Office Memorandum (OM) regarding ...