The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...
He was also did not get his terminal benefits, including gratuity and leave encashment. As a result, he took legal action and ...
Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI ...
Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...
Gratuity is a lump sum amount an employee gets when she retires, resigns, dies or becomes disabled due to an accident or disease, provided she had worked for at least five continuous years for the ...
Gratuity Calculator: If you work in a company for several years, the company can give you a gratuity. But gratuity is not given to every employee as the government has made some rules for it. Only ...
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 ...
According to the Gratuity Act 1972, an employee becomes eligible for the loyalty benefit only if he has completed five years of regular service. The maximum amount of gratuity that can be paid to an ...
The government clarified that gratuity for civil service after re-employment will not be restricted by gratuity already received for military service. The key takeaway is full eligibility for civil ...