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GRATUITY PRACTICES
New labour code: 3 employee-friendly changes that could make working life easierNew labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. Th...- American Express vs Indian Company: Viral post highlights stark gap in work culture, FNF settlements and gratuity practicesA viral X post contrasted a smooth exit from a global firm with a friend's difficult experience at an Indian employer, sparking debate on s...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- Higher gratuity liability due to labour codes must be treated as expense: ICAIThe gratuity liability is expected to rise, as the new labour codes have redefined wages and eased the eligibility for such a benefit for f...
- 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 ...
- Gratuity nomination: Who you can, cannot nominate and how to do itHere is a look at what the law states about, who can be nominated in case of gratuity, how the nomination must be made and when a nominee w...
- What are the gratuity payment rules?There are certain rules that make an employee eligible to receive gratuity before the age of retirement/superannuation or resignation of an...
- 50% limit under Labour Code: India Inc wants cap on allowances relaxedIndustry is keen that the cap be relaxed to 60% from 50% and gratuity norms, which mandate pay outs to be calculated for the past years on ...
- New wage rule may raise India Inc's costs from AprilTo be effective from next financial year, the new definition of wages (that includes salaries of executives in the private sector) caps all...
- Who really gains from the proposed increase in tax-free gratuity limit to Rs 20 lakh?Proposed increase in tax free gratuity limit won't benefit bulk of employees immediately. Here's why.
- Leave encashment: Cos not following prudent normsSignificant unfunded leave encashment liabilities have accrued for some of these companies, say experts.
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