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 ...

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.

NEW DELHI:More than a month after the new labour codes came into effect, the Union ministry of labour and employment has released draft rules that outline how minimum wages, gratuity and social ...