New Wage Code reshapes wages base, triggering Ind AS 19 remeasurement. Expect past service cost hits, exceptional items, higher DBO and ...
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...
India’s Parliament just overhauled and simplified the country’s labor law regime by consolidating it into four labor codes. The changes, which took effect November 21, will harmonize definitions, ...
The Ministry of Labour and Employment is contemplating making the Labour Codes effective from April 1, aligning with India ...
India's new labour laws, effective November 21, 2025, redefine 'wages' for statutory benefits, impacting salary structures and social security calculations like gratuity and leave encashment. While ...
New Labour Codes explained: The draft rules released by the government are important because they outline several key provisions on how employees' wages, salary, allowances and gratuity benefits are ...
The rollout of the new labour codes in November 2025 has put gratuity rules back in focus, with reforms set to reshape who qualifies and how payouts are calculated. From expanded eligibility for ...
IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...
TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra faced a ₹5,000 crore expense in Q3FY26 due to new labour codes ...
India’s Q3FY26 earnings season shows a significant slowdown, with net profits for non-financial firms growing at just ...
Rallis India’s Q3 net profit fell 81.8% to ₹2 crore due to an exceptional gratuity provision under the wage code, despite a 19.3% rise in revenue to ₹623 crore and a 31.8% increase in EBITDA to ₹58 ...