Tag: labour codes

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Posted in Economy

Newly implemented Labour Codes to catalyse growth in India’s exports

New Delhi [India], November 30 (ANI): The central government’s recent integration of 29 laws into four streamlined Labour Codes, enabling an environment that promotes industrial…

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Posted in Economy

Relief for employers: New labour codes slash jail provisions to 22

New Delhi: The four labour codes have provided a major relief to employers by reducing imprisonment provisions to 22, from 87 earlier, of which 16…

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Posted in Economy

Labour codes to benefit workers, reduce and simplify compliances: Union Labour Secretary Vandana Gurnani

The new Labour Codes mark a “big, big improvement” for the country’s workforce by strengthening wage, social security and safety provisions, union labour secretary Vandana…

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Labour codes set to boost consumption by Rs 75,000 crore, says SBI

Implementation of India’s new labour codes could trigger a major economic boost, increasing consumption by about Rs 75,000 crore and pushing more workers into the…

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The most significant component impacting employees' salaries is the Code on Wages, 2019, which introduces a uniform and expanded definition of “wages”. (AI Image)
Posted in Business

India’s new labour codes may decrease your take-home salary, but raise benefits| Business News

India’s new labour codes—which restructures 29 existing labour laws into four labour codes—has wide-ranging ramifications of what you earn today and save for the future….

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India's new labour codes introduce major changes to gratuity, Provident Fund (PF), and salary structure, aiming for wider worker protection and formalisation. (AI Image)
Posted in Business

Impact on provident fund (PF), income tax, gratuity — Explained| Business News

The implementation of India’s four new Labour Codes—which consolidate 29 existing laws—marks a significant overhaul of the country’s employment and social security framework. India’s new…

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India's new labour codes aim to modernise the legal framework, extend social security to a wider workforce, and ensure universal wage protection. (AI Image)
Posted in Business

Explained — The wage and bonus rules under India’s new labour codes| Business News

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…

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Posted in Economy

Centre enforces four labour codes to modernise wage, safety and social security rules

New Delhi: The Centre announced the implementation of four new codes that seek to simplify and streamline decades-old labour laws in the country, paving the…

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