27
Sep
2026
Special Allowance Under the New Labour Codes: Is It Part of Wages?
Open any Indian payslip and one line refuses to explain itself. Special allowance carries no purpose, no rule and no receipt behind it. For two decades, that silence kept statutory costs low. Since 21 November 2025, the four labour codes …
25
Sep
2026
Salary Components Under the New Labour Codes: What Counts as Wages?
A payslip used to work like a wardrobe. Employers hung pay under convenient headings, and those headings did the quiet work of trimming statutory cost. That wardrobe stands empty. From 21 November 2025, the labour codes read pay by function …
23
Sep
2026
New Labour Codes: How the 50% Wage Rule Impacts Employee Salaries
A salary slip records a quiet bargain between present comfort and future security. The New Labour Codes have rewritten that bargain for every Indian workplace, and the change shows up in the wage line rather than the total figure. At …
21
Sep
2026
New Labour Codes: How Should Additional Gratuity Costs Be Reported?
Mithras Consultants welcomes you to a vital discussion regarding recent legislative updates in India. Businesses face new financial structures. Employers must adapt to changing statutory frameworks. Gratuity obligations require fresh evaluation under the altered rules. The New Labour Codes introduce …
19
Sep
2026
Labour Codes And Salary Structure: Understanding The New Wage Definition
Welcome to a round-table discussion on the upcoming regulatory shifts in India. Many business leaders face a complex puzzle regarding new statutory changes. Mithras Consultants provides tailored actuarial solutions for navigating the revised wage definitions. The proposed legal framework alters …
17
Sep
2026
Leave Encashment Under the New Labour Codes: Key Rules Explained
Organisations face profound structural shifts in employee benefit management. A changing landscape of workforce compensation requires a fresh perspective. Mithras Consultants guides enterprises through these uncharted waters. We decode complex regulatory frameworks for modern growing businesses. The new regulations command …
11
Sep
2026
Why Actuarial Valuation Is Essential for Accurate Gratuity Provisioning
Every gratuity liability carries a future financial commitment. Yet many organisations continue to treat gratuity provisioning as a routine accounting task instead of a financial planning exercise. That approach often creates gaps between reported liabilities and actual obligations. At Mithras …
11
Sep
2026
New Wage Definition Alert! Employers Could Face Higher Gratuity Payouts
Many organisations spend months refining payroll costs, yet overlook one figure that quietly shapes long-term financial obligations. A small change in salary structure can alter gratuity liabilities across the workforce. That is why the new wage definition deserves close attention. …
11
Sep
2026
Gratuity Rules Are Changing! Here Is What Employers Need To Prepare For
At Mithras Consultants, we see a monumental shift in Indian payroll legislation. Corporate directors must face an undeniable reality. Statutory benefit obligations demand strict attention. The traditional pay structure framework is dissolving. Companies face massive financial transitions. Indian legislation mandates …
10
Sep
2026
How Promotions and Salary Revisions Affect Gratuity Valuation
A promotion often brings a sense of achievement. A salary revision reflects business growth and employee contribution. Both events strengthen workforce confidence, yet they also influence future financial obligations for employers. Many organisations notice these changes only during financial reporting …
Call Us
Whatsapp Us