Statutory Requirement(s) for Most Common Allowances

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Perquisites are benefits in cash or in kind which can be converted into money received by an employee from his employer or from third...

As you may be aware, overtime has a different rates for rest days and public holidays. With that said, there are 3 separate rates: Normal...

Depending on the company policy, there are 3 common methods: 1. Fixed number of days, ie. 26 days [must, for employees earning less than...