India finalises rules under four labour codes
→Employers must implement new wage and social security framework
Change
India finalised rules under four labour codes, mandating social security coverage, minimum wages and health checks for workers.
Why it matters
Employers must update payroll, compliance and worker registration systems to align with the new unified labour framework.
Implications
- → Companies must update HR and payroll systems — compliance required
- → Non-compliance risks regulatory action — operational exposure increases
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Source
View on Economic Times