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 ...
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However, the codes, notified on 21 November, also mean a mixed bag of outcomes for employees. While some statutory benefits, ...
The central labour rules are still going through final formalities and once they are out, companies typically take another ...
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The new definition of “wages” under India's new labour codes mandates a critical structural change to the CTC salary.| Business News ...
Get the most recent information on the Wage Code 2019, which went into effect in November 2025. Find out about new minimum ...
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Code on Social Security, 2020: Definition of ‘Wage’ includes basic pay, DA, retaining allowance
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.
Salaried employees may get slightly less in monthly take-home pay but their contributions to compulsory retirement plans will ...
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