Blogs

27
May
2026

Why the New Wage Definition May Increase Gratuity Liability

Most finance directors in India have seen their gratuity provisions sit unchanged for years. The numbers looked stable. The calculations followed the same logic. Then the Code on Wages, 2019 arrived, and the entire basis of what counts as “wages” …

27
May
2026

New Labour Code vs Old Gratuity Rules: What Employers Need to Know

A gratuity liability rarely creates noise inside a boardroom. Yet, one policy change can alter payroll planning, employee cost projections, and long term financial obligations. Many employers still rely on older assumptions while workforce structures continue changing across India.

27
May
2026

Understanding Gratuity Valuation Under The New Wage Definition

Business leaders face constant shifts in employee benefit structures. The new labour codes bring fundamental changes to statutory payout mechanisms. At Mithras Consultants, we guide enterprises through complex transitions, and ensure strict compliance and precise financial reporting.

27
May
2026

How India’s New Labour Codes Could Change Gratuity Calculations

Pay structures often feel like a complex puzzle for many corporate directors. Companies routinely categorize a large chunk of employee salaries under an ambiguous label. Such practices aim to reduce statutory financial contributions substantially today.

29
Apr
2026

Changes in Gratuity Rule After New Labour Code for Fixed Term Employees, Journalists and Gig Workers

Organisations are facing a serious compliance overhaul. The Code on Social Security alters how businesses calculate employee severance benefits. Employers must rethink their financial reserves immediately. The standard five-year waiting period is no longer a universal standard. A massive restructuring …

29
Apr
2026

Will Special Allowance Be Part of Monthly Wages or Not?

Pay structures often feel like a complex puzzle for many corporate directors. Companies routinely categorize a large chunk of employee salaries under an ambiguous label. Such practices aim to reduce statutory financial contributions substantially today. Regulatory authorities now observe these …

29
Apr
2026

Will Actuarial Gain / Loss Increase Due To The Impact of New Labour Code

Employers face a massive financial transition. The Indian wage structure will undergo a severe transformation very soon. Basic pay components must rise to meet strict statutory thresholds. Companies will observe steep changes in long-term employee benefit liabilities. Financial directors must …

29
Apr
2026

Impact of New Labour Code on Gratuity Liability and Its Treatment

Corporate financial structures across India are currently undergoing fundamental adjustments regarding employee benefit allocations. Business directors often review their balance sheets with intense scrutiny right now. Statutory modifications continually redefine how organisations manage long term employee obligations. The New Labour …

29
Apr
2026

Changes On Leave Encashment Valuation Due To New Labour Code

Corporate financial landscapes alter when regulations change abruptly. Business leaders must quickly adapt to updated statutory demands. A massive shift approaches the Indian employment sector very soon as companies face fresh challenges regarding employee benefit calculations. Accountants previously viewed unavailed …

29
Apr
2026

Gratuity Vesting Rules 5 Years Or 1 Year

The ongoing discussion around terminal benefits frequently centres on timelines and service duration. Employers often weigh the financial impact of differing employee retention periods. Understanding the core timeline is absolutely vital for proper financial planning. Most companies face a critical …