India's upcoming Labour Codes, effective from November 21, 2025, will redefine wage structures by requiring that at least 50% of total remuneration be classified as "wages." Experts note that the ...
A new Labour Code 2025 is set to redefine wages. Employers must now calculate 50% of total CTC for gratuity, pension, and social security. This change may affect bonus and leave encashment components.
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