New Labour Code 2025: Will Your Bonus or Leave Encashment Reduce? A Calculator for 10%, 15%, 20%, and 25% Bonus Scenarios

India's upcoming Labour Codes, effective from November 21, 2025, will redefine wage structures by requiring that at least 50% ...
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Retired employee denied tax exemption on Rs 13 lakh leave encashment, ITAT Jaipur restores tax benefit under new Rs 25 lakh limit

Mr. Vashistha, a retired employee of the State Bank of India from Jaipur, had to file a case in the Income Tax Appellate Tribunal (ITAT) after the income tax department denied him a higher tax ...

New labour code 2025: Bonus and leave encashment calculator if bonus is 10%, 15%, 20%, 25% of CTC

A new Labour Code 2025 is set to redefine wages. Employers must now calculate 50% of total CTC for gratuity, pension, and social security. This change may affect bonus and leave encashment components.