New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...

In a recent ruling that favours employees, the Delhi High Court has expanded the scope of basic wages to be included for Provident Fund (PF) contribution. Under the PF rules, contribution towards PF ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has ...