Tag: Social Security Contributions
The New Wage Definition Under the Social Security Code, 2020: Meaning, Impact, and Real Examples
Social Security & Welfare
Linked legal page
This guide breaks down the new wage definition under the Social Security Code 2020 and the 50 percent rule for basic plus dearness allowance. It shows how the new definition changes PF, gratuity, bonus, ESI and overall salary structures for employees.
THE SOCIAL SECURITY CODE, 2020 — INDIA’S MOST IMPORTANT LABOUR REFORM Overview, Key Highlights & Complete Structure
Social Security & Welfare
Linked legal page
This article explains the core objectives and purpose of the Social Security Code 2020 in simple language. It covers why India needed a unified social security law, how the Code expands coverage, and the impact on both workers and employers.