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 ...

If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...

Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour ...

The rollout of the new labour codes in November 2025 has put gratuity rules back in focus, with reforms set to reshape who ...

HDFC Bank and ICICI Bank report higher employee costs in Q3 2025 due to new labour codes, impacting wage bills and financial ...

The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...

December, top Indian IT services firms absorbed a sizable one-time financial impact of about ₹4,675 crore due to the ...

Under the revised framework, wages include basic pay, dearness allowance and retaining allowance. If these components ...

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...

Karnataka unions claim Labour Codes support minimum wage revision, urging government action after years of stagnation in wage ...

The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.

Jefferies pointed out that the new labour codes will add to existing challenges for IT firms. These include slower revenue ...