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In a move that could significantly increase the take-home pay for millions of salaried employees, th...
The Union Budget -, presented by Finance Minister Nirmala Sitharaman, marks a strategic pivot ...
Dell Technologies is facing a significant legal challenge as five former employees have filed a coor...
Union Budget 2026–27 has proposed a uniform annual cap on employer contributions to social security funds. Finance Minister Nirmala Sitharaman announced that starting April 1, 2026, a consolidated ceiling of ₹7.5 lakh will apply to an employer’s aggregate contributions toward the Employees’ Provident Fund (EPF), the National Pension System (NPS), and any approved superannuation funds. Union Budget […]
Union Government has announced the formation of a high-level committee titled “Education to Employment and Enterprise” (EEE). This initiative, unveiled as part of the Union Budget 2026-27 roadmap, aims to bridge the widening gap between academic qualifications and industry requirements while fostering a culture of entrepreneurship across the country. The Triple ‘E’ Vision The committee […]
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 today, bringing significant relief to the salaried class and middle-income tax payers. In a move aimed at boosting disposable income and consumption, the government has overhauled the New Tax Regime, providing higher exemption limits and revised tax brackets. Revised Slabs for 2026-27 The highlight of the […]
In a progressive leap for workplace welfare, the Karnataka Education Department has officially formalized menstrual leave for its women employees. A circular issued on January 29, 2026, by the Commissioner of the School Education Department, Vikas Suralkar, directs the immediate implementation of this policy across all departmental offices, making Karnataka a pioneer in institutionalizing menstrual […]
Minister of State for Labour and Employment Shobha Karandlaje informed the Rajya Sabha today that the government has formalized a massive welfare framework for the nation’s growing gig workforce. Central to this initiative is the integration of the e-Shram portal with the Ayushman Bharat (AB-PMJAY) scheme, ensuring healthcare access for millions of platform workers. Aggregator […]
Citigroup has formally denied allegations of sexual harassment and a toxic work environment leveled against one of its senior executives, signaling a high-stakes legal battle. In a recent court filing, the banking giant moved to shift the dispute out of the public eye and into private arbitration, a move that has reignited debates over transparency […]
The Government of India is reportedly finalizing preparations to implement the four long-awaited Labour Codes—covering Wages, Social Security, Industrial Relations, and Occupational Safety—starting April 1, 2026. This landmark transition aims to consolidate 29 existing central labour laws into a streamlined legal framework, marking the most significant overhaul of India’s employment regulations since independence. Labour Codes: […]
The implementation of India’s four new Labour Codes on November 21, 2025, has triggered a seismic shift in corporate financial reporting. As companies prepare their results for the quarter ending December 31, 2025, they face a “compliance shock” driven by a new, standardized definition of “wages” and expanded social security mandates. The 50% Wage Rule Under […]
India’s top IT services giants—Tata Consultancy Services (TCS), Infosys, and HCLTech—have reported a massive combined financial hit exceeding ₹4,370 crore in the third quarter of FY26. This significant expenditure, booked as a one-time exceptional charge, stems from the nationwide implementation of India’s new labor codes in November 2025. TCS, HCLTech, Infosys Impacted: The ₹4,373 Crore Breakdown The […]
Corporate India is witnessing a significant impact on its bottom line this earnings season as the implementation of the new Labour Codes, effective November 21, 2025, forces a massive recalculation of employee benefits. Major players, particularly in the IT services sector, have reported a sharp rise in gratuity provisions in their October–December (Q3) financial results, […]
A coalition of ten Central Trade Unions (CTUs) and several independent sectoral federations have issued a final ultimatum to the Union Government, demanding the immediate repeal of the four controversial Labour Codes. The unions have warned that if their demands are not met, they will proceed with a massive nationwide general strike scheduled for February […]
Tamil Nadu government has officially implemented the Tamil Nadu Assured Pension Scheme (TAPS), effective from January 1, 2026. This landmark decision by Chief Minister M.K. Stalin’s administration addresses a two-decade-long demand from over 6.2 lakh state government employees and teachers who were previously covered under the Contributory Pension Scheme (CPS). Tamil Nadu Assured Pension Scheme: Core […]
