New labour codes effective November 21, 2025, mandate basic salary at 50% of CTC, potentially lowering take-home pay as retirement contributions rise.
India's implementation of the Code on Wages marks a significant shift in salary structures, mandating that basic salary ...
New labour code reshapes your salary! Get a bigger basic, boost PF & gratuity for long-term financial security but reduces ...
India's new Labour Codes have introduced a uniform definition of wages, ensuring that basic pay, dearness allowance and retaining allowance together make up at least 50% of an employee's total pay.