Compassionate leave is time off from work granted to employees in India to deal with personal emergencies involving a close family member.
Compliance and Legal
Hazard Pay
Hazard pay, also known as high-risk allowance, is additional compensation given to employees who work in dangerous conditions or environments that pose potential physical harm. It is meant to account for the increased risk associated with certain jobs.
Bereavement Leave Policy and Rules in India
Bereavement leave, also known as compassionate leave or mourning leave, is a type of time off granted to employees to cope with the death of a close family member or someone with whom they have a significant personal relationship. The purpose of bereavement leave is to provide employees with the time and space they need to grieve, make necessary arrangements, and attend funeral services without worrying about work-related responsibilities.
What is the Labour Welfare Fund (LWF)?
The Labour Welfare Fund (LWF) is a statutory contribution managed by individual state governments in India, aimed at providing various welfare facilities and benefits to workers employed in various industries and establishments. The primary objective of the LWF is to improve the working conditions, provide social security, and raise the standard of living for laborers and workers in the unorganized sector.
Permanent Account Number (PAN)
PAN, or Permanent Account Number, is a unique 10-character alphanumeric identifier issued by the Income Tax Department of India. It serves as a vital tool for tracking financial transactions and ensuring tax compliance.
Casual Leave (CL)
A casual leave or CL is a type of paid leave that allows employees to take short leaves from work for a variety of personal reasons. Casual leaves provide employees the flexibility to take time off from work for small yet important events in life without having to use their regular annual leaves.
Employee Provident Fund (EPF)
The Employee Provident Fund, often abbreviated as EPF, is a vital pillar of financial security for millions of employees across the globe. This government-mandated retirement savings scheme is designed to ensure that working individuals can build a financial cushion to support them during their post-retirement years.
