If you're a salaried employee in India, you might have noticed a portion of your salary being deducted each month. This deduction contributes to the Employees’ Provident Fund (EPF), a ...
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts.
Gratuity is a financial benefit provided to employees as a token of appreciation for their dedicated service. Governed by the Payment of Gratuity Act, 1972, it is a crucial component of financial ...
The Central Government recently approved a 2% hike in Dearness Allowance (DA) for its employees, effective from January 1, 2025. This increment takes DA from 53% to 55% of the basic salary, benefiting ...