There are around 49 lakh central government employees. All of them are entitled to several benefits, including pension and gratuity. A minimum of 5 years' qualifying service and eligibility to receive ...
On November 21, 2025, the landscape of gratuity calculations will transform significantly. Fixed-term employees will newly qualify for gratuity after their first year of employment. The formula for ...
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 ...
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 ...
Today, most organisations keep basic salary on the lower side, usually around 25 to 40% of the total CTC. The new Labour Codes are set to change how organisations calculate PF and gratuity for its ...