The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...

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 ...

With globalization and the increasing mobility of professionals, many employees are now exploring career opportunities abroad. One of the most popular destinations for expatriates is the United Arab ...

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

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

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

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

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...