The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...
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 ...
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 is a crucial savings ...
You can check with your employer as the HR department of the organisation keeps complete information related to you. If the last few months in the last year of employment are more than 6 months, it ...
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...
Unsure about UAE gratuity? See how your salary and the two-year cap affect your payout Many workers are unsure whether their end of service benefits include just their basic salary or the full gross ...
How your basic salary and years of service determines your end-of-service benefit How your end-of-service benefit is worked out under UAE Labour Law, what counts towards it, and how much you could ...
The Indian government has announced a major change to the gratuity rules, reducing the eligibility period from 5 years to 1 year. This change, which affects millions of employees, aims to strengthen ...
Gratuity Calculator India 2020: Gratuity refers to an amount of money, which an employer pays to employees in return for services offered to the company. Section 4(2) of the Gratuity Act says that for ...
The implementation of India's four new Labour Codes—which consolidate 29 existing laws—marks a significant overhaul of the country's employment and social security framework. India's new labour codes ...