Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to company) stated in your offer letter when you join a new organisation.

Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...

Organizations should do a comprehensive review across HR, finance, payroll and legal functions. (AI image) New Labour Codes explained: After rolling out our new labour codes in last November 2025, the ...

Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) “For instance, the Code on ...