May 9, 2026

employee benefits

New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors

New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors

admin02 mins

Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…

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Review your salary structure! Does your employer offer you these tax benefits? These flexi-benefit programmes don’t raise employer’s cost

Review your salary structure! Does your employer offer you these tax benefits? These flexi-benefit programmes don’t raise employer’s cost

admin02 mins

Flexi-benefit cards relieve employees of the cumbersome practice of collecting paper bills. (AI image) The salary structure plays a decisive role in shaping an individual’s tax outgo. Several allowances are tax-free, and more employers now acknowledge this by letting staff customize their pay packages. Flexi-benefit programmes allow employees to pick and choose components that suit…

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