The Union Cabinet approved a landmark revision to the EPF wage ceiling on 16 September 2026, raising it from Rs. 15,000 to Rs. 25,000 per month — the first change in 12 years. The Ministry of Labour and Employment publis...
Your salary hits your account on the 1st. You scan the credit SMS, feel briefly satisfied, and move on. Somewhere in the payslip you never read past the first line, there is a deduction labelled PF. Every month, without...
What is Gratuity?
Gratuity is a lump-sum benefit an employer pays an employee as a token of appreciation for continuous service, governed by the Payment of Gratuity Act, 1972. It's not a benefit you contribute to — i...
At a Glance: CTC (Cost to Company) represents the complete annual expenditure an employer incurs on your employment—it is not your monthly in-hand take-home pay. CTC aggregates direct gross salary with employer-side s...