New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...
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India's new labour codes, effective November 21, 2025, consolidate 29 laws, promising universal minimum wages, enhanced social security for gig workers, and improved safety. While offering businesses ...
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India's Code on Social Security, 2020 has expanded the purview of who qualifies as a "family" under labour laws, extending coverage. This seemingly technical change could reshape family financial ...
India’s new labour codes are expected to increase payroll expenses for many employers, as the government enforces a stricter definition of wages and moves toward a more uniform national pay structure.
India’s new labour codes, consolidating 29 complex central laws into four streamlined codes, represent a landmark reform in labour laws that govern the largest working population in the world. India's ...
The new definition is designed to harmonise decades of inconsistencies in how wages were interpreted under various labour laws, ranging from provident fund and gratuity to bonus and maternity benefits ...
India is bracing for a major shift in employee compensation as the newly implemented labour codes introduce a unified definition of wages—an overhaul that experts say will strengthen retirement ...
NEW DELHI: The Centre on Friday implemented four new labour codes, marking the biggest overhaul of workers’ laws in decades. The government has said the move aims to simplify rules and improve worker ...
The government on Friday notified new gratuity rules under the Payment of Gratuity Act, 1972 a move that could widen retirement benefits for fixed-term employees and alter how “wages” are defined for ...