The New Labour Code 2025, which came into effect last month, has reshaped how salaries are structured. Under the new rules, basic pay, dearness allowance and retaining allowance must together make up ...

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 ...

According to labour ministry officials, stakeholders can submit their comments on these rules in the next 45 days, post which ...

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...

The recently notified Code on Wages, which introduces a national floor wage to reduce minimum-wage disparity in states, may fail to achieve its objective because of the lack of a timeline for ...