Learn how to calculate gratuity for a Rs 55,000 basic salary with 5.5 years of service. Understand eligibility, the formula, and factors affecting your gratuity payout for better financial planning.

Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...

Amidst discussions about the implementation of the new labor code, the biggest question is how it will affect your finances and retirement fund. For salaried employees, gratuity is a crucial savings ...

Gratuity calculation for monthly rated, piece rated and seasonal employees under Payments of Gratuity Act 1972: Payment of Gratuity is a ‘Defined benefit’ provided to an employee as a lump sum, on his ...

The Employee Pension Scheme (EPS) is a retirement plan that helps employees get a monthly pension after they turn 58. Both you and your employer put 12 per cent of your basic salary into a special ...

Scientists from Kolkata’s Saha Institute of Nuclear Physics have genetically engineered bacteria that can perform calculations like addition and subtraction, as well as identify prime numbers. This ...

Pension calculation for PSU employees: There is no separate formula for calculating pension of retired employees of Public Sector Undertakings (PSUs) under EPS 1995, Minister of State for Labour and ...