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Gratuity Rules: These are the two conditions under which the 5-year rule doesn't apply! But the gratuity calculation formula changes.

People often believe that a minimum of 5 years of service is required to receive gratuity. However, this requirement doesn't apply in certain situations. However, gratuity calculations are different ...
Indiatimes

New Labour codes: Draft rules pre-published - how will your salary, wages, gratuity, allowances be calculated? FAQs released

Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) “For instance, the Code on ...

Leaving a job? Here’s why severance and gratuity are not the same thing

Severance pay and gratuity may both show up when employment ends, but they are not interchangeable. Treating them as the same ...
Indiatimes

Labour code: Companies' Q3 numbers to reflect higher gratuity

NEW DELHI: The first impact of the labour codes will be felt in the December quarter results with companies making higher provision for gratuity. Tired of too many ads?go ad free now "Companies will ...