Labour Codes

Industry players are hoping that the ensuing budget will provide a much-needed boost to the HR sector that will help the industry to get back on track.

Expanding social security for unorganised workers and pursuing states to make rules for labour codes will be the government's priority in 2023.

Under the new Social Security Code and the Industrial Relation Code, the government proposes to ease the five-year service rule for gratuity payments for fixed-term employees.

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.

Union Labour Minister Bhupender Yadav on Friday said almost all states have prepared draft rules on the four labour codes and the new rules will be implemented at an appropriate time.

The full and final settlement of wages rule change has been delayed from the initial plan of implementing the new labour guidelines from July 1.

The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.

The Indian Staffing Federation (ISF) has said that the union government should implement the labour reforms one by one.

Here is a list of new rules, proposals and deadlines on the changes coming to your take-home salary and working hours, taxes and cards.

As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.

Banking services may be hit partially on March 28 and 29 as a section of bank employees' unions has supported the two-day nationwide general strike

Amid reports that the constitution of an expert group to provide recommendations on fixation to the government is a ploy to delay the exercise, the centre has clarified that the group will submit its recommendations "as early as possible".

The draft rules have provisions on employer's liability for compensation in case of fatal accidents, serious bodily injuries or occupational diseases.

The labor ministry had envisaged implementing the four codes on industrial relations, wages, social security, and occupational health safety & working conditions from April 1, 2021.

The proposed labour codes could provide companies with the flexibility of four working days in a week, even as the working hours limit of 48 hours for a week will remain sacrosanct, said Labour and Employment Secretary Apurva Chandra on Monday.

Industry players are hoping that the ensuing budget will provide a much-needed boost to the HR sector that will help the industry to get back on track.

Expanding social security for unorganised workers and pursuing states to make rules for labour codes will be the government's priority in 2023.

Under the new Social Security Code and the Industrial Relation Code, the government proposes to ease the five-year service rule for gratuity payments for fixed-term employees.

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.

Union Labour Minister Bhupender Yadav on Friday said almost all states have prepared draft rules on the four labour codes and the new rules will be implemented at an appropriate time.

The full and final settlement of wages rule change has been delayed from the initial plan of implementing the new labour guidelines from July 1.

The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.

The Indian Staffing Federation (ISF) has said that the union government should implement the labour reforms one by one.

Here is a list of new rules, proposals and deadlines on the changes coming to your take-home salary and working hours, taxes and cards.

As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.

Banking services may be hit partially on March 28 and 29 as a section of bank employees' unions has supported the two-day nationwide general strike

Amid reports that the constitution of an expert group to provide recommendations on fixation to the government is a ploy to delay the exercise, the centre has clarified that the group will submit its recommendations "as early as possible".

The draft rules have provisions on employer's liability for compensation in case of fatal accidents, serious bodily injuries or occupational diseases.

The labor ministry had envisaged implementing the four codes on industrial relations, wages, social security, and occupational health safety & working conditions from April 1, 2021.

The proposed labour codes could provide companies with the flexibility of four working days in a week, even as the working hours limit of 48 hours for a week will remain sacrosanct, said Labour and Employment Secretary Apurva Chandra on Monday.