India's new labour codes require 50% of CTC to be factored into social security calculations, affecting EPF and gratuity ...
India’s long-awaited Labour Codes finally came into effect on November 21, 2025, triggering the biggest salary restructuring ...
Salary (CTC) calculation: The recent announcements by the Government of India to provide relief during COVID-19 pandemic are expected to increase the take-home salary of employees for three months.
A lump-sum benefit employers pay employees as a reward for loyalty & long service. Gratuity = (Last Drawn Salary × 15 × No. of Years Worked) ÷ 26. Offer letters show gratuity as 4.81% of your annual ...
When asked about the impact of the new 50% wage rule, Vinay Joy, Partner at Khaitan & Co, says: “In practical terms, this ...
Today, most organisations keep basic salary on the lower side, usually around 25 to 40% of the total CTC. The new Labour Codes are set to change how organisations calculate PF and gratuity for its ...
India's new labor codes, effective from November 21, 2025, will significantly alter salary structures, increasing statutory ...
SOUTH CHARLESTON, W.Va. — State funding for the nine community and technical colleges in the Mountain State would be determined by a three-part funding formula forwarded for public comment Thursday by ...
India's new Labour Codes have introduced a uniform definition of wages, ensuring that basic pay, dearness allowance and retaining allowance together make up at least 50% of an employee's total pay.