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LABOUR CODE IMPLICATIONS
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- West Asia conflict triggers energy shock, tests Asia’s growth resilienceAsia faces economic challenges as a West Asia conflict disrupts energy markets. This shock impacts inflation and growth across the region. ...
- Digital defence in the age of Mythos, why Indian banks are on high alertIndia is poised to become a global AI execution hub. Powerful AI models like Anthropic's Mythos present both opportunities and security ris...
- Anthropic's new Claude Mythos model: A new threat in the waiting for Indian IT stocks?Indian IT stocks may face fresh turbulence as Anthropic’s preview model, Mythos, raises disruption risks. Analysts warn its sharp gains in ...
- Higher gratuity liability due to labour codes must be treated as expense: ICAIThe gratuity liability is expected to rise, as the new labour codes have redefined wages and eased the eligibility for such a benefit for f...
- Platforms weigh strategies to absorb cost of gig workers' social securityNew Labour Codes mandate social security for gig workers. Aggregators are reviewing pricing to manage costs. The government is finalizing a...
- No detrimental long term impact of gig worker code, engaging with Govt: Eternal tells shareholdersEternal, a food delivery and quick-commerce platform, has stated that the new social security code will not negatively impact its long-term...
- How new Labour Codes will impact your salary, gratuity and provident fund payments once implementedAlthough all four Labour Codes were notified by 2020, their implementation has been pending for over four years. State governments are requ...
- Govt to publish labour code handbooks for workers & employers in push for wider awarenessThe government is set to release handbooks explaining the four labour codes' key provisions and implications for both workers and employers...
- Budget 2024: Domestic staff may get minimum wage, pension ahead of general electionsUnion Budget 2024:The Labour Bureau, under the ministry of labour and employment, has conducted an all-India domestic workers' survey and i...
- Fate of labour codes hangs in balance as states head for pollsImplementation of the codes - touted as a significant labour reform - looks to be on the back burner as the government would not want them ...
- Two-day National Labour Conference to be held from August 25“The CII believes that Labour Codes are progressive, will enable ease of doing business and create jobs in the country. We look forward to ...
- Phased introduction of Labour Codes on cardsThe two codes which may come in from the next fiscal will be the Social Security Code and the Code on Occupational Safety, Health and Worki...
- Implementation of Labour Codes may be pushed to next yearThe Centre is no longer pursuing states to hasten the process of framing rules for the four codes, as the focus has shifted to healthcare a...
- Will new wage code hit your take-home pay?Big-ticket components under analysis include a retrospective increase in liabilities for benefit plans, such as gratuity and leave encashme...
- Proposed work-from-home rules worry unions, companiesAs per the model orders, the government has formalised work from home while allowing employers and employees in the IT sector to mutually d...
- Labour Reforms: Three labour codes in the upcoming parliament sessionThe government will introduce three labour codes in the upcoming parliament session starting Monday. ET takes a look at the key provisions.
- RSS-affiliate BMS presses for further scrutiny of Social Security Code BillAccording to BMS, since the code continues to retain the threshold under each legislation including the provident fund, employees’ state in...
- House panel to vet two labour codesMinistry feels delay is essential as bills’ technical provisions are significant. The ministry has decided to seek the committee’s views as...
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