India’s new labour codes: Govt eyes April 1 rollout to align with financial year; PF, gratuity cost impact in focus
Representative image (AI-generated) The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their rollout with companies’ financial year. The move is aimed at easing the impact of higher provident fund and gratuity costs arising from changes in salary structures under the new framework.According to officials…