Hiring an independent contractor bears some similarities to the hiring process of an employee, but when it comes to compensation, determining the contractor's salary bears little semblance. Unlike an ...

Today, most organisations keep basic salary on the lower side, usually around 25 to 40% of the total CTC. The new Labour Codes are set to change how organisations calculate PF and gratuity for its ...

India's new Labour Codes have introduced a uniform definition of wages, ensuring that basic pay, dearness allowance and retaining allowance together make up at least 50% of an employee's total pay.

India's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing ...

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 ...

Prime Minister Narendra Modi has approved the setting up of the 8th Pay Commission for the central government employees. The ...