New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...
Rostro Group, the owner of retail broker Scope, has secured a Category 5 license from the United Arab Emirates (UAE) Securities and Commodities Authority (SCA), opening the door for the Dubai-based ...
The case framework explains how the new wage definition mandates that at least 50% of remuneration must qualify as wages. This directly impacts minimum wage compliance and statutory ...
The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs. By Gregory Schmidt Reporting from London The last vehicle will roll ...
The Egyptian Cabinet agreed to grant the golden licence to private company EgyptSat Auto to build and operate a factory that will begin producing electric vehicles (EVs) by the end of 2024. The ...
NEW YORK--(BUSINESS WIRE)--Pfizer Inc. (NYSE: PFE) today announced it has entered into an exclusive global collaboration and license agreement with YaoPharma, a subsidiary of Shanghai Fosun ...
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New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained
New labour codes 2025 decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, ...
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New labour codes: Will it slash your take-home salary? Govt clarifies amid PF deduction concerns
The government has clarified that the recently introduced Labour Codes will not reduce take-home salaries, as PF deductions will continue to follow the ₹15,000 wage ceiling, with additional ...
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