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 ...

Salaried employees receive gratuity payment as a part of their salary structure. Read on to know the formula and how it is taxed. Salaried employees receive gratuity payment as a part of their salary ...

Patience is a virtue. And this holds true for jobs as well. If you have been changing jobs every now and them for lucrative offers, you may rue your decision when your peers get a fat lump-sum payment ...

The Central government is considering reducing the minimum eligibility condition for gratuity payments to employees. The Centre may reduce the threshold from five years of continuous employment to ...

Gratuity is a monitory benefit an employee receives for the services he/she gives to an organisation. All the companies that come under the Gratuity Act offer this benefit to the employee after he/she ...

With globalization and the increasing mobility of professionals, many employees are now exploring career opportunities abroad. One of the most popular destinations for expatriates is the United Arab ...

The first impact of the labour codes will be felt in the Dec quarter results with companies making higher provision for ...