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, ...

Gratuity serves as a reward for employees who have completed a minimum of 5 years of continuous service, acknowledging their loyalty and commitment to the organisation. Organisations employing 10 or ...

The new labour codes have increased PF and gratuity liabilities for companies, triggering concerns over weaker salary hikes this appraisal season. While total CTC growth may not fall sharply, ...