Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...
The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
India’s new labour codes, notified on November 21, 2025, are set to fundamentally change how salaries are structured, how provident fund and gratuity are calculated, and how much money employees take ...
New labour codes effective November 21, 2025, broaden the definition of 'wages,' potentially increasing gratuity payouts for ...
Payroll officers handle this automatically, but understanding how to calculate PAYE tax yourself helps you confirm that your deductions are correct. Understanding how to calculate tax on your salary ...
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts.
The Indian government on 21 November consolidated 29 Labour Laws into four comprehensive Labour Codes, namely — the Code on Wages (2019), the Industrial Relations Code (2020), the Code on Social ...
India’s long-awaited Labour Codes—on Wages, Social Security, Industrial Relations and Occupational Safety—came into force on November 21, 2025, triggering the biggest salary restructuring exercise the ...
The Daily Mail's new interactive calculator can reveal what Rachel Reeves' tax bombshell Budget means for you and your household finances. Stealth taxes, changes to pension contribution allowances, a ...
8th Pay Commission fitment factor: The Union Cabinet led by Prime Minister Narendra Modi approved the Terms of Reference (ToR) for the 8th Pay Commission earlier this month, which is expected to ...
In the latest update, Minister of State for Finance Pankaj Chaudhary says the timing and funding of the 8th Pay Commission ...