India finalises rules for four labour codes
Change
India finalised rules under all four labour codes, consolidating 44 existing labour laws into 29 provisions.
Why it matters
The new rules create binding compliance obligations for employers and labour regulators, including statutory minimum wages, mandated annual health checks for older workers, and expanded social-security coverage targets. These changes will require firms to change payroll, recordkeeping, and worker registration processes to meet the codes' standards.
Implications
- • Organised-sector employers' HR and payroll teams must update payrolls to comply with statutory minimum wages.
- • Gig and platform companies' compliance teams must register workers for social security coverage.
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