What’s inside:
This article explains the major changes in India’s labor laws, including new rules that affect workers’ rights and benefits.
The Central Government has introduced significant changes to the labor laws in India. Starting from November 21, four new codes will replace 29 existing rules to create a more modern labor structure.
The new labor codes include the Wages Code, Industrial Relations Code, Social Security Code, and Occupational Safety, Health and Working Conditions Code. These updates aim to protect workers’ rights and make it easier to do business in the country.
All employees will now have a legal right to a minimum wage, no matter their job type. Basic pay must be at least 50% of the total salary. Gig workers will also receive social security benefits, and eligibility for gratuity has been reduced to one year of service.
Employers must provide appointment letters to all workers, ensure double pay for overtime, and offer annual paid leave after 180 days of work. Additionally, employees over 40 will receive free health checkups, and salaries must be paid on time.
With these changes, workers can expect better job security and financial benefits. It’s important for everyone to understand how these new rules will affect their employment and rights.
Summary:
- Four new labor codes will be effective from November 21.
- All employees now have a right to a minimum wage.
- Gig workers will receive social security benefits.
- Eligibility for gratuity is reduced to one year of service.
- Employers must ensure timely salary payments and health checkups for workers over 40.
