Gratuity Calculation Formula: 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, ...

The Payment of Gratuity Act 1972 provides a financial reward for employees after five years of service in India.

Tax on Gratuity: Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 lakh. If an employee dies, they can nominate a family ...

Gratuity is a financial benefit that rewards employees for their long-term service with an organization. It’s a lump-sum amount paid by the employer when an employee leaves, retires, or in special ...

As the new labour codes kick in, replacing the 29 old labour laws, a considerable discussion has started in the country. Having been enacted five years ago, these labour laws envisage offering ...

One major change under the new labour codes is the eligibility criteria for gratuity. (AI image) New labour codes 2025, gratuity rules explained: The new labour codes, effective November 21, 2025, ...