Gratuity is an important financial security option for employed people in India, recognizing their years of hard work, ...
The EPFO wage ceiling is the highest monthly basic salary on which mandatory Provident Fund (PF) and Employees’ Pension Scheme (EPS) contributions are calculated.
The central government has approved the terms of reference for the 8th Pay Commission, appointing Justice Ranjana Prakash ...
In the previous revision, the 7th Pay Commission had set the fitment factor at 2.57, meaning that employees’ basic pay and pensions were multiplied by 2.57 to determine the new salary.