The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and ...
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...
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'One-time expense', says government, industry seeks uniformity as new labour codes squeeze margins
IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...
New Wage Code reshapes wages base, triggering Ind AS 19 remeasurement. Expect past service cost hits, exceptional items, higher DBO and ...
Karnataka unions claim Labour Codes support minimum wage revision, urging government action after years of stagnation in wage ...
India's new labour laws, effective November 21, 2025, redefine 'wages' for statutory benefits, impacting salary structures ...
Delhi’sLabour Minister Kapil Mishra has directed officials to expedite the finalisation of rules under all four Labour Codes, with a focus on bringing unorganised workers, gig ...
Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour ...
Under the revised framework, wages include basic pay, dearness allowance and retaining allowance. If these components ...
December, top Indian IT services firms absorbed a sizable one-time financial impact of about ₹4,675 crore due to the ...
New labour code implementation dented Q3 FY26 profits of top IT firms including TCS, Infosys, HCLTech, Wipro, Tech Mahindra ...
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