Tag: labour codes
Labour codes: Nearly two dozen employer compliances listed
New Delhi: The labour and employment ministry has drawn up a list of nearly two dozen compliances for employers under the four labour codes, seeking…
Labour Codes get thumbs up from employees and employers
Labour Codes will enhance ease of living for employees while significantly improving ease of doing business for employers along with strengthened social security and simpler,…
Labour Codes to align wage growth with profits: CEA Nageswaran
The four new labour codes are expected to ensure that workers’ wages and benefits grow in step with rising corporate profits, Chief Economic Adviser V…
Labour Codes may spur hiring as firms get more flexibility to restructure
New Delhi: The new Labour Codes are likely to boost the hiring appetite across manufacturing, logistics, hospitality, and micro, small and medium enterprises (MSMEs) as…
Higher gratuity liability due to labour codes must be treated as expense: ICAI
NEW DELHI; Most companies need to treat any increase in the gratuity liability due to their adoption of new labour codes as “a past service…
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…
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…
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…
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…
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….