Category: Labour Laws
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Understanding India’s Code on Wages 2019: Key Changes & Compliance Checklist
THE CODE ON WAGES, 2019 Introduction and Background: The Code on Wages, 2019 is a landmark piece of legislation that represents a fundamental reform of India’s labour law framework. The Code on Wages is the first consolidated codes enacted covering wages, industrial relations, social security, safety, and working conditions. Before this Code, employers and employees…
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Payment of Bonus Act, 1965: Maximum Bonus Rs 16,800? A Myth or reality
Payment of Bonus Act, 1965 The Payment of Bonus Act, 1965, is a law in India that aims to provide for the payment of bonus to employees based on their performance and productivity. The objective of the act is to ensure that employees receive a share of the profits earned by their employers. As per…