With the government announcing the implementation of the new labour codes from 21 November, India Inc.’s wage bills and employee remuneration packages are set for a change. The final rules may be ...
New labour codes effective November 21, 2025, broaden the definition of 'wages,' potentially increasing gratuity payouts for employees. Fixed-term employees now qualify for gratuity after one year of ...
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All four Labour Codes of India pertaining to Wages, Social Security, Industrial Relations and Occupational Safety came into effect from 21 November 2025, triggering one of the biggest salary ...
The Indian government on 21 November consolidated 29 Labour Laws into four comprehensive Labour Codes, namely — the Code on Wages (2019), the Industrial Relations Code (2020), the Code on Social ...
Secondly wages will now include basic pay, dearness allowance, and retaining allowance with 50% of the total remuneration (or whatever percentage is announced) being added back to calculate wages.
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India's implementation of the Code on Wages marks a significant shift in salary structures, mandating that basic salary constitute at least 50% of total CTC. res. The PF contribution alone is ...
Timely payment of wages, equal remuneration across genders, flexible working hours not exceeding 12 hours a day and 48 hours a week, an overtime rate at double the normal wage, and deductions from ...
What is the new definition of wages? The definition of ‘wages’ has been standardized across the four new codes. The new definition includes basic pay, dearness allowance (DA) and all other retaining ...