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 …
10
Sep
2026
Think Your Gratuity Calculations Are Correct? Check the 50% Wage Rule First
A gratuity calculation often looks settled once payroll closes for the month. Yet a small change in salary structure can alter the final liability without changing the gratuity formula itself. That is where many businesses miss an important detail. At …
10
Sep
2026
What Do India’s New Labour Codes Mean for Contract Workers
Contract workers support many industries across India. Yet, their employment terms often create confusion for both workers and employers. India’s new labour codes have started fresh discussions around wages, social security, working conditions, and employment practices. These changes require careful …
02
Jul
2026
The Future of Gratuity in India: Key Changes Employers Should Prepare For
Gratuity in India has long been a routine payment that employers settled only when an employee finally left. For years, finance teams treated it as a distant promise rather than a cost. That settled position is now changing in a …
02
Jul
2026
How the New Labour Codes Could Impact Employee Benefits and Retirement Planning in India
New Labour Codes have reshaped how Indian companies view salaries, savings, and long service rewards. For most working people, the words “rule change” sound distant and rather technical. Yet this reform touches your monthly pay slip and your future savings …
02
Jul
2026
Labour Codes and Long-Term Employee Benefits: Preparing Businesses for the Next Phase of Compliance
Labour Codes have moved from discussion papers into working law, and every Indian employer now feels the weight of that change. From 21 November 2025, four codes replaced 29 older labour laws across the country. The shift touches wages, social …
02
Jul
2026
Beyond Basic Pay: How Wage Definition Changes May Reshape Employee Compensation Models
Wage definition changes have moved from boardroom debate to settled law across India, and the effect on pay packets is real. From 21 November 2025, the four labour codes came into force, and the Code on Wages introduced a shared …
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