India Notifies Draft Rules for New Labour Codes, Seeks Stakeholder Input
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India Notifies Draft Rules for New Labour Codes, Seeks Stakeholder Input

The Indian government has released draft rules for four new Labour Codes, seeking stakeholder feedback within 30-45 days. These rules clarify wage calculations, including basic pay and dearness allowance, with allowances exceeding 50% of remuneration being added back to wages. While aiming to enhance social security for informal and gig workers, concerns remain for smaller firms regarding increased contribution costs. The finalized rules are crucial for the effective implementation of these labor reforms.

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