The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and ...
In a landmark overhaul of labour laws, the government on Friday notified all four Labour Codes, ushering in major reforms, including universal social security coverage for gig workers, mandatory ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
NEW DELHI, Nov 21 (Reuters) - India on Friday implemented four new labour codes, pushing ahead with the biggest overhaul of workers' laws in decades as Prime Minister Narendra Modi’s government says ...
December, top Indian IT services firms absorbed a sizable one-time financial impact of about ₹4,675 crore due to the ...
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Govt ushers reforms, implements 4 labour Codes to provide social security to all workers
New Delhi: In a landmark overhaul of labour laws, the government on Friday notified all four Labour Codes, ushering in major reforms, including universal social security coverage for gig workers, ...
Cyient reported a 24.9% decline in net profit due to a one-time provision from new Labour Codes, affecting December quarter ...
TCS reported a 13.91% drop in Q4 profit due to new labor codes, despite a 4.86% increase in revenue. The company saw a ...
HCLTech, India’s third-largest information technology (IT) services provider, reported an 11.1 per cent drop in third-quarter ...
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the ...
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