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

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 ...

For employers, the reform means more disciplined salary design and tighter governance. Compensation structures that previously leaned heavily on allowances now require rebalancing. Finance leaders ...

Kolkata: After a lot of speculation regarding the salary, PF, gratuity and allowances, on Wednesday, the Union ministry of labour published the draft rules under the new labour codes and released FAQs ...