Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...

The new codes have reduced the work threshold for paid annual leaves from 240 days to 180 days, making them accessible sooner.

The labour codes mandate that at least 50% of an employee's total remuneration must be treated as wages, the basis for ...

Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

Nothing eats into a quick-service restaurant's (QSR) profits faster than labor and food expenses, each accounting for up to 33% of a restaurant's sales, according to theNational Restaurant Association ...