Employers hand out gratuity to employees as a token of appreciation for their long-term service. Gratuity is given as a financial benefit to those workers who serve an organisation for at least five ...

8th Pay Commission Salary Calculator: Central government employees are eagerly awaiting their salary hike under the upcoming 8th Pay Commission. The biggest confusion hovering around these employees ...

Many junior government employees could see a sizeable boost in their housing allowance if the 8th Pay Commission opts for a 2 ...

When the 8th Pay Commission comes into effect, central government employees earning a gross salary of Rs 50,000–55,000 per month can be increased more. A person who works in a government office and ...

Find out how much your salary could rise in 2026. Understand the new basic pay, DA, HRA formula, and expected fitment factor.

Whether DA (Dearness Allowance) will be merged with basic pay or stay separate is not yet clear but according to media ...

In the realm of personal finance and taxation, one essential aspect that employees must understand is the calculation of Tax Deducted at Source (TDS) on their salary. TDS is a method of collecting tax ...

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...

The bonus is based on factors such as basic pay, eligibility ceiling, and a fixed bonus rate. The Central Government Diwali bonus is an ex-gratia payment given to eligible non-gazetted employees. The ...