The employee can benefit from the revised labour code that makes it mandatory for an employer to keep the basic salary of an employee at least 50% of his cost to company (CTC). A higher basic salary ...
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 ...
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 ...
Wage definition changes affect statutory benefit calculations. India witnessed a major shift in its labour rules on Friday as the government officially brought four new labour codes into effect, ...