Sun, Dec 15, 2024
Let’s find out what will be your gratuity amount with Rs 38,000 as the last-drawn salary in the service period of 6 years, and 3 months. Understand the calculation to estimate your retirement benefit accurately.
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Tue, Nov 26, 2024
Discover what will be your gratuity amount with Rs 37,000 as the last-drawn salary in the service period of 6 years, and 3 months. Understand the calculation to estimate your retirement benefit accurately.
Tue, Sep 17, 2024
Gratuity Calculator: Gratuity is the right of an employee who spends at least 5 years in a private or government sector job. Two factors that are considered to decide the amount of an employee's gratuity are the last drawn basic salary and the years of service.
Thu, Jul 18, 2024
EPFO pension calculator: To avail of the benefit of this pension facility under EPS, it is necessary to contribute to EPS for a minimum of 10 years i.e. the employee must have been employed for 10 years. Whereas the maximum pensionable service is 35 years. Let us tell you the formula through which you can calculate how much pension you will get after retirement.
Mon, Jul 04, 2022
New wage code 2022: New labour codes can be implemented across the country may be this year. It can impact your salary, working hours and weekly offs. The Centre has finalised the four codes related to wages, social security, industrial relations and occupational safety. Now it is up to the states to implement them.
Tue, Jun 15, 2021
Every employee eagerly waits for his salary which is credited into his account at the end of the month. It often happens that as soon as your salary gets credited you come to know that what you have received is less than what was expected.
Mon, Jun 07, 2021
The central government is likely to implement all the four labour codes in the next few months. Following the implementation of these four labour codes, the take-home salary of the employees will decrease, however, in a relief to them, the amount of employees' savings, that is, Provident Fund (PF) will increase.
Tue, Mar 30, 2021
There are several changes set to happen from then next Financial Year, beginning April 1. One of these changes that is likely to happen from April 1 may well reduce your take-home salary.
Fri, Mar 15, 2019
The CTC actually is the amount that any company spares on its employee directly or indirectly, and it comprises the whole package of an employee's salary.
Thu, Nov 22, 2018
Although India still lags behind in creating jobs in various regions and certain categories, yet it does mean the country does not give you a very happening salary!
Thu, Mar 29, 2018
It has been revealed that the Narendra Modi government is hoping to create as many as 1 crore new jobs and that too soon in the country. And how? By bearing the entire 12 per cent of the basic salary that employers are mandated to make towards pension for the first three years for new employees!
The Ministry of Personnel said that Railways employees, however, shall continue to be governed by the Railway Servants (Pass) Rules and availing of the "All India LTC" under the CCS (LTC) Rules by them will be facilitated through a special order under the relevant provision of the said Pass Rules.
Wed, Mar 28, 2018
7th Pay Commission: Mizoram Finance Minister Lalsawta today informed the state legislature that the state government intended to implement the seventh pay commission during 2018-2019. Replying to questions from five members, Lalsawta said that the government had been waiting for the recommendation of a committee to study the 7th pay commission which was yet to submit its report and its recommendations.
Fri, Mar 16, 2018
7th Pay Commission: The Lok Sabha on Thursday passed the Payment of Gratuity (Amendment) Bill 2017 that seeks to empower the government to fix the period of maternity leave and tax-free gratuity amount with an executive order. The Bill seeks to amend the Payment of Gratuity Act, 1972.
7th Pay Commission: UGC in its note has said that "the implementation of the 7th Pay Commission was dependent on Office Memorandum (OM) of January 13, 2017, that says that university should generate 30% of its fund through internal resources."
Fri, Mar 09, 2018
7th Pay Commission: A number of issues have been thrown up recently that would impact government employees over the recent days.
Thu, Mar 08, 2018
Considering that government employees are still waiting for news on 7th Pay Commission salary hike based on the fitment factor of 3.68 time rather than just 3 times as is reportedly being offered by the government, exactly what will transpire is still unclear and is likely being debated in the corridors of power at the Centre.
Fri, May 26, 2017
The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.
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