The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...

The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and ...

IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...

If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...

Experts note that several companies are awaiting final rules, others are restructuring salaries; a one-time impact is likely ...

HDFC Bank and ICICI Bank report higher employee costs in Q3 2025 due to new labour codes, impacting wage bills and financial ...

The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...

December, top Indian IT services firms absorbed a sizable one-time financial impact of about ₹4,675 crore due to the ...

Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour ...

Karnataka unions claim Labour Codes support minimum wage revision, urging government action after years of stagnation in wage ...

The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their ...