India's new Labour Codes focus on salary structure and long-term savings, according to experts. We ask them if it will also ...

Under the Code on Wages, wages are defined in a way that requires basic pay, dearness allowance, and retaining allowance to constitute at least 50% of total remuneration.

The long-awaited labour law overhaul is beginning to show its real impact on pay packets. With the new wage definition ...