The government's new labour codes have provided a uniform definition for wages in India. We examine how this impacts your pay ...
Today, most organisations keep basic salary on the lower side, usually around 25 to 40% of the total CTC. The new Labour Codes are set to change how organisations calculate PF and gratuity for its ...
Two key shifts for IT will be the standardised wage definition, which forces companies to lift the share of basic pay, and 48-hour work weeks. The quantum will depend on the size of the company and ...
The winter session of Parliament begins with the Opposition demanding a debate on the Special Intensive Revision of electoral ...
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Understanding India's new Code on Wages 2025 on universal minimum wage the mandatory 50% basic salary rule, and the eligibility criteria for statutory bonus.| Business News ...
The new definition of “wages” under India's new labour codes mandates a critical structural change to the CTC salary.| Business News ...
Salaried employees may get slightly less in monthly take-home pay but their contributions to compulsory retirement plans will ...
Passed by Parliament in 2019 and 2020, the four labour codes were awaiting implementation as they had to be notified by ...
It consolidates nine existing social security laws into a single, streamlined framework that extends coverage to organised, unorganised, gig, and platform workers alike, an official statement said.
It could reduce take-home salary, depending on how employers restructure pay,' says expert. Here's what the 50% wage formula ...