Tag: new labour codes

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