Draft rules spell out wage, gratuity calculation under new labor codes

Puneet Gupta, partner, people advisory services-tax, EY India, said: “The draft rules also tighten compliance requirements. Employers will need to issue appointment letters in a prescribed format within three months of the rules coming into force, maintain registers for wages, attendance, and women employees, and file unified annual returns. Additionally, establishments employing 500 or more workers must constitute safety committees, while those with 20 or more workers must set up grievance redressal committees in accordance with these rules.”

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