India’s new labour codes are changing how wages are defined and processed. Here’s what payroll teams need to know — and how technology can help.
Karnataka's draft wage rules echo central guidelines, raising concerns over worker coverage and potential wage suppression.
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total remuneration, the excess amount will be added back to wages for statutory ...
The Economic Survey suggested that as definitions of work continue to evolve, dynamic labour policy and flexible regulatory ...
The new labour codes can potentially contribute 1.25 per cent to GDP by 2029-30 through enhanced worker welfare and business agility, the Economic Survey for 2025-26 tabled in parliament on Thursday s ...
The New Labour Code 2025, rolled out last month, has introduced a clearer and more uniform definition of wages. Under the new rules, an employee’s basic pay, dearness allowance and retaining allowance ...
Experts say India’s new labour codes simplify compliance for MSMEs while increasing short-term costs and organisational ...
As per survey, 17 respondents (37 percent) say that compliance simplification by the four new labour codes roughly offsets ...
Effective implementation of Labour Codes would play a key role in supporting formal employment and improving security for ...
New Wage Code reshapes wages base, triggering Ind AS 19 remeasurement. Expect past service cost hits, exceptional items, higher DBO and ...
The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector ...
New labour code implementation dented Q3 FY26 profits of top IT firms including TCS, Infosys, HCLTech, Wipro, Tech Mahindra ...