New Labour Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.