Stay updated with breaking news from Working Conditions Code. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
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.
The New Wage Code directs a company to pay the due salary and full and final settlement of wages within two days of the last working day of the employee.
If implemented, these labour codes could pave the way for a change in working hours, PF contributions and in-hand salary for employees.
The new wage code is all set to be implemented from July 1, 2022.