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GRATUITY AND LEAVE ENCASHMENT
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...22 May, 2026, 11.37 AM IST- Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...09 May, 2026, 08.36 PM IST
- Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...08 May, 2026, 05.00 AM IST
- 8th Pay Commission fitment factor demand: Railway employee body demands multiple fitment factors; minimum pay of Rs 52,600The Indian Railways Technical Supervisors’ Association (IRTSA) has submitted a memorandum to the 8th Pay Commission demanding five distinct...07 May, 2026, 03.32 PM 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
- 8th Pay Commission for central government teachers: Rs 50,000 minimum pay for Level 1 employee, up to 3.83 fitment factor; what employee body wants from 8th CPCThe employee body representing central government teachers from Union Territories is seeking significant pay hikes in their salaries in the...27 Apr, 2026, 11.23 AM IST
- Release remaining 30 pc gratuity, leave encashment of ex-class-IV employees: HP govtThe Himachal Pradesh government has ordered the immediate release of the remaining 30 percent gratuity and leave encashment arrears for Cla...25 Apr, 2026, 06.40 PM IST
- 8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demandedCentral government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same...18 Apr, 2026, 08.00 AM 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
- 8th Pay Commission update: NC-JCM seeks Rs 69,000 minimum basic pay, 3.83 fitment factor for employees, pensioners8th pay commission NC-JCM memorandum: A minimum pay of Rs 69,000, fitment factor of 3.83, annual increment of 6%, merging 18 employee level...16 Apr, 2026, 05.21 PM IST
- Oracle layoffs 2026 severance package: How much will the US tech firm pay to laid off workers in India and US as compensation?Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are...07 Apr, 2026, 01.24 PM 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
- Creating a mirage called employee: Another way a management can manipulate profits and mislead investorsJust another line item near depreciation and finance costs, with the real assumptions and calculations buried deep in the notes. That is pr...28 Mar, 2026, 12.55 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
- Employees exiting Satyam may have to give up gratuitySatyam employees exploring options of moving on to safer havens may even have to forgo their gratuity and leave-encashment emoluments. Five...28 Jan, 2009, 02.30 AM IST
- 'Set up trusts to fund future benefits’Kulin Patel, who heads the Indian arm of Watson Wyatt - a global employee benefits, insurance and financial services consulting firm - spok...09 Oct, 2008, 04.21 AM IST
- Leave encashment: Cos not following prudent normsSignificant unfunded leave encashment liabilities have accrued for some of these companies, say experts.23 Jun, 2008, 03.44 AM IST
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