The government typically announces DA hikes twice a year, however, unions argue that the current method no longer reflects the real cost of living in today’s economy.

Gratuity calculation formula: If you have completed at least five years of service in any company and are planning to change the organization or are about to retire from your job, here is what you ...

Central government employees' unions have demanded a change in the Dearness Allowance (DA) calculation formula, arguing that the current method underestimates real living costs. With the 8th Pay ...

Salaried employees receive gratuity payment as a part of their salary structure. Read on to know the formula and how it is taxed. Salaried employees receive gratuity payment as a part of their salary ...