New Delhi, Nov. 22 -- As four labour codes became effective on 21 November, a number of rules rationalising 29 existing labour laws came into force.

Amid several path-breaking changes announced in these labour reforms, one of the commendable change is the provision of early gratuity wherein employees will be entitled to it only after one year of service.

Here we give a lowdown on this.

Currently, gratuity is given only after 5 years of continuous service, whereas now workers will become eligible for it just after one year of continuous service.

This entitlement (after one year of service) will come into force only in case of fixed term employment.

Among several benefits mentioned for fixed term employment (FTE), the new labour codes ...