Industry lobby seeks clarity on draft rules under four new labour codes
A business association has asked the government to explain rules being changed for wages, industrial relations, social security, safety and working conditions under four new labour codes. The Confederation of Indian Industry (CII), in a meeting with labour minister Santosh Gangwar, wanted to know whether wages will include contractual bonus and productivity-linked bonus. In the draft rules, wages exclude bonus. "Given that only bonus payable under law is excluded from the definition of wages, it is unclear how contractual bonus, performance linked bonus, joining bonus, employee referral...
Source: business-standard.com