If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...

For a long time, there has been confusion in India regarding the salaries, provident fund (PF), and gratuity of salaried employees. This was due to the four new labor codes, which had been enacted ...

For employers, the reform means more disciplined salary design and tighter governance. Compensation structures that ...

Ever since the new labour codes were notified in November, a lot of employees have been thinking that their take-home salary will reduce once the basic salary increases to 50% of CTC and allowances ...