Employees nearing the 8-year mark in service often wonder how much they’re eligible to receive as gratuity. Based on your last-drawn basic salary and total service duration, your potential gratuity ...

Gratuity is one of the most significant financial benefits an employee receives upon retirement or resignation after long-term service. Recognised under the Payment of Gratuity Act, it serves as a ...

The new labour laws, implemented on November 21 last year, have significantly overhauled the country’s framework governing employment, workplace policies, and wages. The implementation of new labour ...

The Rs 20 lakh tax-free ceiling is a real and significant benefit, but reaching it depends on two things: your last drawn salary and how long you’ve served. Here’s what the numbers actually look like.

Rs 20 lakh gratuity tax exemption is a lifetime cumulative limit. Exemption does not reset with each new employer. Employees must track exemptions claimed from previous jobs. Gratuity is one of the ...

Gratuity rules: India’s new labour framework could significantly increase gratuity payouts for employees, but it may also create unintended tax implications if corresponding changes are not made in ...

The new labour codes, which were implemented from 1 April, have introduced significant changes to provident fund, salary and gratuity payments among others. Under the new labour codes, the Centre has ...