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INDIA'S NEW LABOUR CODE
A Complete Compliance Guide for Employers Based on India's Four Labour Codes (2019–2020) KEY TAKEAWAY Applicable to all Establishment, Organization, Firm, Employer. Even with just 1 employee, you have real legal obligations — centered around fair wages, timely payment, a safe workplace, a written appointment letter, and injury compensation. Bigger obligations like EPF, ESIC, and Bonus phase in as your team grows. Put Day 1 compliances in place immediately and maintain a com
Rohit
May 224 min read


Payment of Gratuity Act Computation and Actuarial Valuation Basics
Definition of Gratuity Gratuity is a lump-sum monetary benefit paid by an employer to an employee as a reward for long-term and continuous service. It is a statutory benefit governed by the Payment of Gratuity Act, 1972. An employee becomes legally entitled to gratuity after completing a minimum of five years of continuous service with the same employer. Gratuity is generally payable upon retirement, resignation, death, or permanent disability. Eligibility and Application of
Rohit
Feb 24 min read
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