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 ...
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 ...
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...
Let's calculate the gratuity amount for employees with last-drawn basic salaries of Rs 33,000, Rs 56,000, and Rs 71,000, who have completed 8 years and 5 months of service, which will be considered as ...
The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...
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 ...
The Department of Pension and Pensioners’ Welfare (DoPPW) has cited Rule 4A of the Central Civil Services (Payment of ...
The labour codes mandate that at least 50% of an employee's total remuneration must be treated as wages, the basis for ...
Gratuity is a lump sum payment made by an employer to an employee as a token of appreciation for their long-term service and dedication. Let’s find out your gratuity amount for Rs 60,000, Rs 70,000 ...