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 ...

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

In the third quarter of FY26, major IT companies faced significant profit declines due to new labour codes, resulting in a ...

New labour code implementation dented Q3 FY26 profits of top IT firms including TCS, Infosys, HCLTech, Wipro, Tech Mahindra ...

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

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

IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...

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

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

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

Persistent Systems achieved its 23rd consecutive quarter of revenue growth in Q3 FY26, with top-line figures rising 5.5% ...