Wage Bill

The changes under the new wage code can only be implemented across the country once the centre receives draft guidelines from all the states and UTs

Employee costs rose over 12% in FY22, the fastest in 8 years

The government has given a go-ahead to a five-day working week for LIC employees

The 8.5 per cent nominal increase in the wage bill of listed companies was the combined outcome of an increase in employment and a simultaneous increase in the nominal wage rate

The top court issued notices to the Centre, the states and Union territories and sought their replies by May 28.

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

It contains numerous positive elements, such as introduction of a statutory national floor-level minimum wage for the first time in India, but it has missed an opportunity to do more

The Labour Code on Wages bill will be introduced in the ongoing monsoon session of parliament