The wage definition under the new code is inclusive and anti-avoidance. Many allowances earlier excluded now count as wages, widening ESIC ...
The new Labour Code, which was notified recently, has for the first time introduced a single, universal definition of wages. The long-awaited clarification is expected to significantly impact salary ...
New Labour Codes explained: The draft rules released by the government are important because they outline several key provisions on how employees' wages, salary, allowances and gratuity benefits are ...