Gratuity Calculation Formula: Amidst discussions about the implementation of the new labor code, the biggest question is how it will affect your finances and retirement fund. For salaried employees, ...
Organizations should do a comprehensive review across HR, finance, payroll and legal functions. (AI image) New Labour Codes explained: After rolling out our new labour codes in last November 2025, the ...
Gratuity New Rule EXPLAINED: Under the Payment of Gratuity Act, 1972, Gratuity is paid to the employee by the employer as a ...
NEW DELHI:More than a month after the new labour codes came into effect, the Union ministry of labour and employment has released draft rules that outline how minimum wages, gratuity and social ...
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total remuneration, the excess amount will be added back to wages for statutory ...
The Indian government has announced a major change to the gratuity rules, reducing the eligibility period from 5 years to 1 year. This change, which affects millions of employees, aims to strengthen ...
There are around 49 lakh central government employees. All of them are entitled to several benefits, including pension and gratuity. A minimum of 5 years' qualifying service and eligibility to receive ...
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