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WAGE THRESHOLDS
Global Market: China's services sector growth hits three-month high in May, demand improvesChina's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overse...
US consulate contractor accused of exploiting Indian workers in ItalyItalian prosecutors are investigating a contractor building a new US consulate in Milan. The firm Caddell Construction is accused of paying...
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...
UAE tightens wage payment rules for private sector firms from June 1Starting June 1, 2026, UAE private sector employers must pay salaries by the first of each month via the Wage Protection System or authoriz...
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...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
India’s invisible workforce gets a new safety net: Key labour reforms for migrant employees decodedIndia's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safe...
Four day work-week with three days rest? New labour code rules gives this format as an option to employers; Know its conditions for employeesThe new labour code (Code on Wages) has given employers an option to conduct four days work week with three days fixed days off for employe...
Hundreds of residents are getting surprise $500 deposits — here's how the program worksEvanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...
The US is tightening H-1B visas. Its economy may pay the priceA wave of legislative proposals in Washington targets the H-1B visa program and the broader immigration pipeline for skilled workers. Bills...
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...
Women's role in India's labour market is shifting toward stability, SBI Research findsIndia's female labour market may be on the cusp of a structural upgrade, with education, household agency and social mobility driving a gra...
Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...
Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
Social Security is getting a $100,000 cap, and millions of Americans need to know this right now - are you affected?A Social Security benefits cap is gaining urgency as new data warns the trust fund could be depleted by 2032. This $100,000 Social Security...
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...
Textile exporters hit by double whammy as LPG price hike squeezes margins and global buyers demand discountsWith commercial LPG prices on the rise, Indian textile exporters in Tiruppur and Noida are feeling the financial pinch. As they struggle to...
US-Iran ceasefire: Uneasy calm after West Asia truce breachThe violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
U.S. minimum wage increase 2026: Why do some states pay $17.95 while others stay at $7.25 and who benefits most in May?The U.S. minimum wage increase 2026 reveals a stark reality. Pay varies sharply by state. The federal rate still stands at $7.25. That numb...