Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...
Gratuity New Rule EXPLAINED: Under the Payment of Gratuity Act, 1972, Gratuity is paid to the employee by the employer as a reward for their continuous service of five years. However, a new gratuity ...
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 ...