The upcoming changes in labour legislation are poised to overhaul the way salaries are computed for employees. Many workers ...

Prime Minister Narendra Modi has approved the setting up of the 8th Pay Commission for the central government employees. 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 ...

Learn how to calculate gratuity for a Rs 55,000 basic salary with 5.5 years of service. Understand eligibility, the formula, and factors affecting your gratuity payout for better financial planning.

Gratuity is a financial benefit provided to employees as a token of appreciation for their dedicated service. Governed by the Payment of Gratuity Act, 1972, it is a crucial component of financial ...

Employers hand out gratuity to employees as a token of appreciation for their long-term service. Gratuity is given as a financial benefit to those workers who serve an organisation for at least five ...

Let's put some conditions in place to get a clear picture of the calculations. We are assuming one will start contributing at the age of 25. Since one's salary is most likely to increase with time, we ...

EPFO: How you can receive a monthly EPS pension of Rs 9,642 despite the Rs 15,000 EPF wage ceiling (Image source - Freepik) The Employees’ Provident Fund Organisation (EPFO) primarily manages two ...