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NO OVERTIME ALLOWANCE INDIA
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated enterprises. The proposed ...
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
Labour Code set to bring long-term gains, but transition may test India IncIndia's new labour laws promise easier business operations ahead. However, companies face a complex transition period. Navigating different...
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
Is 4-day work week allowed after New Labour codes roll out? Here's what new work rules say about the work timingsIndia's new labour codes permit a four-day workweek, allowing employees to complete 48 weekly hours over fewer days. This compressed schedu...
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...
"No overtime allowance because ‘we didn’t ask you to work late’”: Gen Z worker reveals working till 1 am during notice period amid heavy workloadA young professional detailed their overwhelming workload during their notice period, handling critical month-end closing tasks alone witho...
High minimum wages in India slows down formal job creation: FEDThe Foundation for Economic Development (FED), in its report released on Thursday, said workers should be allowed to freely negotiate their...
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
India Inc to feel weight of bulkier payslips: Rise in cost of bonus, gratuity, overtime benefits to raise cos' salary outgoFor employees, the quantum of wage hike will however hinge on factors such as compensation structure, and years of service. Companies are a...
Labour's love gainedIndia has introduced four new labor codes to simplify compliance and modernize its labor laws. These reforms aim to align the country's lab...
Labour codes: A game changer for the Indian economyIndia's new labour codes aim to simplify regulations, reduce compliance burdens, and enhance worker welfare. These reforms are expected to ...
New Labour Codes 2025: What changes for every worker in IndiaIndia is introducing new labour codes. These codes simplify workplace rules across all sectors. They aim for universal minimum wages and so...
Maharashtra government’s working hours hike in factories and shops sparks trade union protestsTrade unions in the state are preparing for a joint protest against the state cabinet's decision to extend working hours in factories and s...
Telangana allows 10-hour workdays for commercial establishments; overtime pay applicable beyond 48 hoursTelangana has approved increasing daily working hours for commercial establishments (excluding shops) from 8 to 10, effective July 8. This ...
Economic Survey gives a whole new twist to working hours debateThe Economic Survey 2024-25, presented by Finance Minister Nirmala Sitharaman, suggests that restrictions on working hours in India hinder ...
View: For better jobs, don’t just look West, look to places like JapanDemographers use the term 'demographic dividend' to describe the economic benefits that a country enjoys from its large young population. I...
Government decides to discontinue overtime allowance for most employeesThe move follows a recommendation of the Seventh Pay Commission. It has also been decided to link grant of overtime allowance with biometri...
Coal India’s INTUC unit declares 3-day strikeINTUC is one of the largest unions at Coal India but has not been made part of the committee formed to negotiate salary because its identit...
Air India pilots' body writes to DGCA about 'stressed' junior pilots in cockpitThis is the second time in the last 10 days that ICPA has red-flagged safety concerns in Air India to the Directorate General of Civil Avia...