The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...

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 ...

The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and ...

Learn how gratuity is calculated in India using last-drawn basic salary and years of service, eligibility criteria and examples showing gratuity amounts for different salaries after 7 years and 5 ...

Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI ...

The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public cons.