Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
18 May, 2026, 11.23 AM IST
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
06 May, 2026, 07.33 AM IST
What workers should know about gratuity calculation in the UAEUAE end-of-service gratuity calculations are clarified. The payout is based solely on an employee's basic salary. However, the total amount...
02 May, 2026, 11.25 AM IST
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
20 Apr, 2026, 06.30 AM IST
DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hikeDA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief...
18 Apr, 2026, 05.34 PM IST
Got salary arrears after resigning? Use Form 39 to avoid higher tax in 2026–27Resigning from a job in FY 2025-26 and receiving salary arrears in FY 2026-27 can lead to a higher tax liability. To avoid this, taxpayers ...
18 Apr, 2026, 07.01 AM IST
Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
18 Apr, 2026, 07.01 AM IST
IRS no tax on tips 2026: Can you really deduct up to $25,000, who qualifies, and how much tax can you save?IRS no tax on tips 2026 is trending fast. Up to $25,000 deduction is now possible. That is real money saved. This rule applies to tax years...
15 Apr, 2026, 01.11 AM IST
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
13 Apr, 2026, 02.36 PM IST
Laid off by Oracle? Here’s how to calculate your severance pay and legal entitlementsIn India, many employees who laid-off by their respective companies remain unaware of their legal rights. The article clarifies notice peri...
11 Apr, 2026, 08.00 AM IST
Oracle layoffs affected US employees severance package and benefits explained after global job cuts: US labour laws and severance rulesOracle layoffs affected US employees severance package and benefits have become a major topic after reports confirmed global job cuts. Thou...
06 Apr, 2026, 08.39 PM IST
Overtime, gratuity, leave rules, 50% wage rule and salary components decoded in new Labour CodesNew Labour Law Salary Structure: Effective November 21, 2025, redefine "wages," impacting overtime, gratuity, and retirement benefits. The ...
21 Mar, 2026, 01.33 PM IST
Gratuity rules decoded: Is gratuity part of your CTC? See what latest labour code guidelines sayNew Labour Codes are set to increase gratuity payouts for many employees by redefining 'wage' to include allowances exceeding 50% of total ...
27 Nov, 2025, 09.16 AM IST
Living in the UAE? This is how the transition from the previous labour laws affect your gratuitySince the UAE implemented a new labor law, Federal Decree-Law No. 33 of 2021, many changes have been made to the laws governing employment ...
12 Sep, 2022, 08.07 PM IST
How to calculate gratuityTo calculate the gratuity amount you are eligible to receive, the last drawn salary will be considered. The last drawn salary includes basi...
25 Oct, 2021, 10.13 AM IST
New rule coming? You may soon be eligible for gratuity even without 5 years on the jobUnder current rules, an employee has to work for a company for five continuous years to be eligible for gratuity payment. According to repo...
12 Aug, 2020, 01.27 PM IST
How to calculate taxable portion of gratuityCurrently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...
20 Dec, 2017, 10.25 AM IST