The new wage rules under the labour code were supposed to be implemented on April 1. However, the Centre has delayed the implementation as states are yet to finalise the rules. Read on to find out when the new labour code rules will be implemented.
It is unlikely that the new wage code rules will be implemented soon as businesses are facing operational uncertainties amid the second wave of the Covid-19 pandemic.
Companies who were worried about the new rules under the new Labour Code will get more time to realign their employee salary structures due to the delay. It also means that the take-home salaries of employees will not be impacted for now.
According to a recent Times of India report, states like Uttar Pradesh, Madhya Pradesh, Haryana and Uttarakhand have only circulated draft rules for two codes under the new law, while Karnataka has circulated draft rules for one code. Jammu and Kashmir is the only state that has finalised its rules.
Source: India Today
