Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...

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 ...

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

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, ...

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 ...

When you leave your job, you are paid a full-and-final settlement by your employer. This settlement comprises of your salary, the allowances, payments, and reimbursements you’re eligible for, and ...

NEW DELHI: More than a month after the new labour codes came into effect, the Union ministry of labour and employment has released draft rules that outline how minimum wages, gratuity and social ...