Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to ...

Gratuity is a crucial financial benefit designed to provide monetary security to employees during key milestones such as resignation, retirement or unforeseen events. If your last-drawn basic salary ...

When you leave your job, you are paid a full-and-final settlement by your employer. This settlement comprises of your salary, the allowances, payments, and reimbursements you’re eligible for, and ...

The new labour codes have increased PF and gratuity liabilities for companies, triggering concerns over weaker salary hikes this appraisal season. While total CTC growth may not fall sharply, ...