The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...
With globalization and the increasing mobility of professionals, many employees are now exploring career opportunities abroad. One of the most popular destinations for expatriates is the United Arab ...
Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...
The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...
Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...
Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI ...
The first impact of the labour codes will be felt in the Dec quarter results with companies making higher provision for ...
The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public cons.
Gratuity Calculations for Government Employees: Gratuity forms quite a significant part of the retirement benefits of a government employee. They may get up to an Rs 25,00,000 gratuity post retirement ...