Two employees can earn ₹12 lakh a year, work in the same company, and receive different gratuity calculations. The reason may sit inside their salary structure, not their job title. The 50% wage rule under India’s new Labour Codes has …
Why This Change Matters Beyond Payroll An employee checks the salary slip and sees HRA, basic pay, and several allowances. The numbers look familiar, but their statutory meaning may change. The new wage calculation brings this question into focus: what …
The One-Year Gratuity Rule: What Changed for Fixed-Term Employees? A one-year employment contract can end with a final payslip, a service certificate, and one important question. Does the employee receive gratuity? Under the Code on Social Security, 2020, fixed-term employees …
The Payroll Error Hiding in Plain Sight A salary slip can reveal a problem before an audit report does. The trouble often begins with one allowance, one missing record, or one outdated calculation. India’s new labour codes have brought wage …
The Salary Component That Can Change Your Gratuity A ₹10,000 salary component can change the gratuity liability sitting in your company books. The reason lies in how the new wage definition treats allowances. Many employers focus on basic pay while …
When Salary Structure Becomes a Liability Question A salary slip can hide a future cost. A generous allowance package can look attractive until statutory calculations examine its structure. The 50% wage rule changes how employers should view compensation, employee benefits, …
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 …
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 …
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 …
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 …
