Gratuity rules in India have changed and they could directly impact how much you receive when you leave a job. While the ...
There are significant changes in gratuity rules for fixed-term employees. Employers are now required to pay gratuity on termination of contract of such employees after completion of one year of ...
Indian employees may receive higher gratuity payouts under the new Labour Codes, which redefine wage calculations. Here's a look at when it is applicable, who is eligible, the calculation changes and ...
Labour ministry has declined industry demand for grandfathering in gratuity rules, citing lack of provision in the original ...
While there may be a marginal dip in take-home pay due to increased PF contributions, the real upside lies in significantly ...
With companies realigning pay structures, the impact of new Labour Codes is shifting from policy to pay slips. Early ...
Gratuity is a legally mandated lump-sum paid by employers for long service. For millions of fixed-term workers in India's formal sector, a long-standing grievance has finally been addressed. Under the ...
While the nominees are entitled to receive money upon the death of the person, a will bequeathing the assets to other persons ...
Tax on Gratuity: Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 lakh. If an employee dies, they can nominate a family ...
The difference between a Rs 25K and Rs 50K salary goes beyond monthly income, significantly impacting gratuity over time.