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GRATUITY NEW RULE
New Labour Code: Are 2-day full & final settlement and leave encashment rules already in force?
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...
8th Pay Commission latest update: Railway technical staff seek multiple fitment factors, higher HRA, pay fixRailway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum sal...
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...
Four day work-week with three days rest? New labour code rules gives this format as an option to employers; Know its conditions for employeesThe new labour code (Code on Wages) has given employers an option to conduct four days work week with three days fixed days off for employe...
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
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...
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...
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...
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 ...
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...
Huge payday alert: New wage rule from April 24 set to change what US workers take homeUS workers wage rule April 24 2026 brings a sharp 14% pay jump as minimum wage rises from $10.50 to $12 in the U.S. Virgin Islands. This fr...
Are tips tax-free now in the US? IRS announces deduction for tip workers - but there’s a catch; Eligibility rules and deduction limits explainedThe 'no tax on tips' rule made headlines across the US, raising hopes among service workers of major tax relief. But the policy is not as s...
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...
Gratuity calculation for private employees under new labour laws: How to check gratuity amount, formula, percentage
New Labour Law 2025: Gratuity Calculator for CTC of Rs 6 lakh, Rs 12 lakh and Rs 24 lakhDiscover how the amended labour codes from November 21, 2025 are reshaping gratuity calculations with the new 50% wage rule and one-year el...
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...