Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are...

Oracle layoffs affected US employees severance package and benefits have become a major topic after reports confirmed global job cuts. Thou...

A new labour code effective November 21, 2025, requires wages to be at least 50% of an employee's CTC. This change may increase overall sal...

Central Government employees under the Unified Pension Scheme (UPS) now gain retirement and death gratuity benefits up to Rs 25 lakh, as pe...

Gratuity payment: Many employees who quit their jobs before five years of service think they cannot receive a gratuity. However, even if th...

Gratuity calculation in CTC: Gratuity is paid when an employee leaves the organisation after completing a minimum service period of five ye...

Private companies in Karnataka must now partner with insurance firms and pay an annual premium towards gratuity obligations under the Karna...

To calculate the gratuity amount you are eligible to receive, the last drawn salary will be considered. The last drawn salary includes basi...

The Gratuity Amendment Bill is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for ta...

Currently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...

The gratuity limit for private sector is expected to be raised to Rs 20 lakh in line with that in the government sector.

Govt to notify the period of maternity leave and gratuity that can be availed by employees under a central law

Proposed increase in tax free gratuity limit won't benefit bulk of employees immediately. Here's why.

An employee is eligible to receive gratuity only if he has completed at least five years of continuous service with an organisation without...

As per the Payment of Gratuity Act 1972, an employee can receive gratuity only if he has completed at least five years of continuous servic...

As per CTC rules, gratuity is a part of your salary. That means an employee, who leaves before completing 5 years, is forced to give up a p...

Parliament on Wednesday approved enhancing the gratuity limit for employees from Rs 3.5 lakh to Rs 10 lakh as also the exemption threshold ...