New gratuity rules under the Social Security Code 2020 explained. Check eligibility, calculation formula, and key changes for ...
The Payment of Gratuity Act, of 1972, protects employees' right to receive a lump sum payment (gratuity) from their employer when they leave their job. This law ensures that employers pay gratuity on ...
The Centre has issued consolidated guidelines on the payment of gratuity to employees of Central Public Sector Enterprises (CPSEs), bringing clarity on eligibility, timelines, and the applicability of ...
Gratuity serves as a financial token of appreciation offered by employers to employees as a reward for their long-term service. It is not part of one’s regular salary but rather a lump-sum payment ...
Gratuity is a payment given by an employer to an employee who has served the organization for at least five years upon leaving the job. It can be seen as a monetary token of appreciation from the ...
With the implementation of the new definition of "Wages" under the Gratuity Rules of 2026, your salary, PF contributions, and ...
Are you about to complete 5 years of continuous service in your organisation? In case your organisation comes under the Payment of Gratuity Act, 1972, the following information is worth a read for you ...