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October 19, 2022
The central government has notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
August 22, 2022
If it is agreed upon that Allowances cannot be more than 50% in salary, then take home salary will be less and investment in Provident Fund (PF) will increase. The industry believes the new wage code is expected to increase the burden in the short term. Therefore, the industry should get 2-3 months to implement the new rules.
August 22, 2022
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.
August 9, 2022
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.
July 19, 2022
Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
July 10, 2022
The full and final settlement of wages rule change has been delayed from the initial plan of implementing the new labour guidelines from July 1.
July 6, 2022
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
July 5, 2022
From working hours to salary, the changes that will be effected by the implementation of the Labour Codes.
July 2, 2022
The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.
July 1, 2022
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.