The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...

At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...

The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public cons.

India’s salary structure rules are set to undergo a significant transformation as the Ministry of Labour and Employment has ...

What is service requirement to be eligible for gratuity? Employees are eligible for gratuity after completing 5 years of continuous service with the same employer, as per the Payment of Gratuity Act, ...

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

Gratuity is a one-time payment made by your employer as a gesture of appreciation for your long-term service. As per the Payment of Gratuity Act, 1972, you are eligible if you have completed at least ...

Let's calculate the gratuity amount for employees with last-drawn basic salaries of Rs 33,000, Rs 56,000, and Rs 71,000, who have completed 8 years and 5 months of service, which will be considered as ...

Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI ...

The new labour code will demand new ways of calculation of salary, allowances and gratuity and it will impact a large number ...

Despite the Centre lowering gratuity eligibility to one year for fixed-term and contract employees under new labour laws, ...