New Labour Code News Today

Social security for informal sector workers, shift toward living wages likely to be part of near-term agenda. Insiders reveal that the upcoming government, led by the Bharatiya Janata Party (BJP), may prioritize the swift implementation of streamlined labor codes within its first 100 days post-election. A senior government official disclosed that the objective is to introduce these labor codes at the onset of the next fiscal year, commencing April 1, 2025, to align with the business cycle

Industry expects Budget 2023 to unlock full potential of the digital world

Businesses have been urged to adopt new workplace initiatives to improve productivity and business efficiency post-pandemic.

If it is agreed upon that allowances cannot exceed 50 per cent of salary, then the take-home salary will be less and investment in PF will increase.

More number of states have come up with draft laws for the new wage code, which is delayed from the government's original plan of July 1 implementation of the new labour laws.

Union Labour Minister Bhupender Yadav on Friday said almost all states have prepared draft rules on the four labour codes and the new rules will be implemented at an appropriate time.

The United Arab Emirates, consisting of seven Emirates, gained its independence in 1971. Since then, the Emirates have modernised rapidly and offer…

The government has capped daily and weekly hours at 12 and 48 hours respectively. This means that a four-day work week might become a reality under law. It has also more than doubled overtime hours from 50 to 125 for workers

Here are five things that might change if the New Wage Code 2022 is implemented from July 1.

As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.