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, ...

The new labour codes bring key changes to gratuity rules, including eligibility for fixed-term employees and a revised wage definition that could increase payouts. Here’s a simple breakdown with ...

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 ...

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 ...

There are significant changes in gratuity rules for fixed-term employees. Employers are now required to pay gratuity on ...

AI Quick Read Indian employees could get higher gratuity payouts under the new Labour Codes announced by the government late last year. The revised rules change how ‘wages’ are defined for calculating ...

When you leave your job, you are paid a full-and-final settlement by your employer. This settlement comprises of your salary, the allowances, payments, and reimbursements you’re eligible for, and ...

Key Changes in Gratuity Rules New gratuity rules allow fixed-term and contract workers to receive gratuity after one year of ...