The FAQs clarify how the 50% wage rule increases gratuity and leave liabilities and why these changes must be treated as past service costs under accounting ...
Learn how the 2019 Code on Wages consolidates four labour laws, introduces uniform wages, equal pay, and streamlines compliance for a modern, technology-driven ...
At the core of the reform is a uniform definition of “wages”, limited to basic pay, dearness allowance and retaining ...
Industry bodies are seeking government clarification on new labour codes, particularly regarding retrospective implementation ...
The New Labour Code 2025, rolled out last month, has introduced a clearer and more uniform definition of wages. Under the new rules, an employee’s basic pay, dearness allowance and retaining allowance ...
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, ...
India - Tax Implications Of The New Labour Codes. Legal News and Analysis - India - Labour & Employment, Tax - Conventus Law ...
This paper critically analyzes the provisions of the Code on Wages of 2019 to identify the differences between the Code and the existing legislations on regulating wages and unveil the truth versus ...
The Ministry of Labour and Employment on Thursday clarified that the implementation of the new Labour Codes will not lead to a reduction in take-home salaries, provided Provident Fund (PF) deductions ...
Has implementation of 4 Labour Codes been delayed by Centre? Here's what the Labour Ministry says (Image: AI generated) The Centre announced on November 21 that all four new Labour Codes had come into ...