Draft Rules Spell Out Wage, Gratuity Calculation Under New Labour Codes

Inside the draft labour code rules. What the fine print says on wages, working hours

The draft Rules relate to the Code on Wages, the Code on Social Security, the Industrial Relations Code and the Code on Occupational Safety, Health and Working Conditions.

Govt notifies draft rules for labour codes, seeks feedback in 45 days

48 hours weekly working limit, mandatory registration for every unorganised workers aged 16 years and above

Centre pre-publishes draft Rules for four Labour Codes

The Union Labour Ministry has pre-published draft Rules for Labour Codes, defining worker rights, wages, and social security measures.

Draft rules spell out wage, gratuity calculation under new labour codes

The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes, affecting over 400 million workers. Changes include a revised definition of wages and stricter compliance requirements for employers.

Labour codes draft rules notified: How changes in wage definition will impact PF, gratuity and take-home pay

If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total remuneration, the excess amount will be added back to wages for statutory calculations.