India's new Labour Codes have introduced a uniform definition of wages, ensuring that basic pay, dearness allowance and ...

New labour codes effective November 21, 2025, mandate basic salary at 50% of CTC, potentially lowering take-home pay as retirement contributions rise.

Monthly Salary Calculations, 7th Pay Commission: Basic pay is one of the key factors to decide the overall salary of a central government employee. However, it is not the only factor. Their overall ...

The upcoming changes in labour legislation are poised to overhaul the way salaries are computed for employees. Many workers ...

The key concern comes from the rule that at least 50% of an employee’s total remuneration will be counted as wages for the ...

If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...

The government has notified four new labour codes which aim to create a uniform structure for wages, bonus and wage-related ...

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 ...