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 ...
Gratuity New Rule EXPLAINED: Under the Payment of Gratuity Act, 1972, Gratuity is paid to the employee by the employer as a ...
The rollout of India’s four new labour codes has reignited interest in gratuity provisions, with reforms expected to deliver tangible gains for a wide section of the workforce. One of the most ...
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 ...
Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) “For instance, the Code on ...
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 ...