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RESIGNATION AND GRATUITY
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...
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...
Maharashtra revised NPS scheme rule update: Rs 7,500 as minimum pension, family pension, gratuity, corpus, withdrawal conditions & moreMaharashtra's Revised NPS scheme offers assured pensions for state employees joining by December 2026. Those with 20 years' service get 50%...
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...
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 ...
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...
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...
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...
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...
20 years of govt job doesn't guarantee pension: Legal heirs get gratuity but no family pension after a legal fight in SC due to this reasonThe Supreme Court has made a pivotal judgment regarding employee entitlements that has caught public attention. An employee of the governme...
New gratuity rules decoded: Are permanent employees also eligible for gratuity after 1 year of service under new labour code?New labor codes have sparked interest in gratuity rules, with fixed-term and contract workers now eligible after one year of service. This ...
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 ...
New Gratuity Rules 2025: 4 things salaried employees must know about updated Labour Code guidelinesLabour Code guidelines: India's new Labour Codes significantly reform social security, particularly gratuity provisions. Fixed-term and con...
Latest gratuity rules for NPS subscribers: Central govt describes eligibility criteria for employee resigning from their jobCentral government employees under the National Pension System (NPS) now have clarified eligibility for gratuity and death gratuity. Gratui...
Service rendered in autonomous body to be counted for grant of gratuity at CentreThe Rajya Sabha was informed that service rendered by an employee in an autonomous body will be considered for gratuity in the central gove...
Gratuity payment: Quitting your job before 5 years? You can still get gratuity; know howGratuity payment: Many employees who quit their jobs before five years of service think they cannot receive a gratuity. However, even if th...
7th Pay Commission news: Gratuity limit now hiked for central government employees after Dearness Allowance (DA) touches 50%DA hike impact: The Center's decision to increase its employees' dearness allowance by 4% to 50% has resulted in significant revisions to o...
What employees lose when forced to resign instead of being fired by employerThese days when a employee is fired from the job, the company asks them to tender resignation. However, when an employee is forced to volun...
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...
- Bonanza for employees receiving gratuity
Any death-cum-retirement gratuity received by an employee in accordance with the prescribed scheme/rules, is not taxable. Investing in MIP,...