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 ...

The wage definition under the new code is inclusive and anti-avoidance. Many allowances earlier excluded now count as wages, widening ESIC ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A capital allowance is an expenditure a U.K. or Irish business may claim against its taxable ...

India's new labour laws, effective November 21, 2025, redefine 'wages' for statutory benefits, impacting salary structures ...