4 labour codes likely to be implemented by FY23 as many states ready draft rules
The four labour codes on wages are likely to be implemented by the next fiscal year as at least 13 states have pre-published draft rules on these laws.
Dec 19, 2021, 11:57 AM IST
Labour Code: Here’s what will change in your take home salary, PF, DA amount, pay structure and more
As per the new wages code, allowances are capped at 50 percent which basically means that half of the gross pay of an employee will be basic wages. The PF contribution is calculated as a percentage of the basic wage, which includes basic pay and dearness allowance (DA).
Jun 07, 2021, 16:00 PM IST
Good News! Employees’ take home salary won’t reduce this year, here’s why
This delay in the implementation will eventually be a boon for Indian corporates that were worried about the complex changes required in order to comply with the new codes. The delay means the corporates will have more time to realign employee salary structures as mandated under new rules.
May 11, 2021, 18:32 PM IST
BIG news for employees! Centre may allow four-day work week; know details
The Ministry is engaged in formulating relevant rules and regulations to implement the four new Labour Codes in the next few weeks to usher in labour reforms. The new labour laws will not compromise the interests of labourers and employees in any way, senior IAS officer and Secretary in the Ministry of Labour and Employment, Apurva Chandra said.
Feb 09, 2021, 18:07 PM IST
Parliament passes 3 historic, path breaking new Labour Codes; Check details
Gangwar said, "we have included people working in the digital media sector under the category of a working journalist."
Sep 23, 2020, 19:27 PM IST
Centre to bring four labour codes to protect workers
The NDA Government is bringing in different initiatives like Universal Account Number (UAN), skill development, among others, for the benefit of workers, the Minister maintained.
Jun 27, 2015, 17:10 PM IST
