According to the Payment of Gratuity Act 1972, gratuity is a benefit that is payable, it is the lump sum amount of money that is received by employees from the employer as a token of appreciation for ...

Gratuity is the amount paid to employees in recognition of their continuous service, honouring their hard work and contributions. Gratuity is one component that the government has placed on par with ...

Income Tax FY27: Form 39 will replace Form 10E from FY27 to help taxpayers claim relief on salary arrears and lump sum receipts. The new form simplifies calculations, reduces errors and ensures fair ...

The gratuity is a single lump sum payment awarded to an employee in recognition of their extended service. This amount is determined by the employee's final salary and length of service. The gratuity ...

Gratuity nomination is crucial for ensuring that your gratuity benefits go to the right person, typically a family member, in the event of your death. Remember to review and update the nomination ...

As India prepares for the rollout of the four new Labour Codes, one benefit has drawn maximum attention from employees across sectors — gratuity. While discussions around wages, work hours and ...