Fears of reduced take-home salaries have surged since the new labour codes were notified, but a closer look at the PF calculation shows the impact may not be what many employees expect.

The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

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, ...

Earning money while working is important, but saving is even more important. Sudden financial needs can arise at any time. In such situations, your savings are helpful. Now, how to save? So, the ...