A look at India’s labour code overhaul and its implications

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

What do India’s four labour codes mean in practice for employers and the workforce?

In the latest episode of PolicyCast podcast series, Akhil Chandna, Partner and Global People Solutions Leader, Grant Thornton Bharat, discusses the implementation of India’s four labour codes and how this reform could reshape employment frameworks across the country.

With 29 legacy labour laws consolidated into four codes, the reforms introduce significant changes across wages, social security, industrial relations and workplace safety. The episode examines how these changes could influence payroll structures, compliance frameworks and workforce benefits.

The conversation covers:

• The impact of the 50% wage definition rule on PF, gratuity, overtime and payroll structures.
• Cost implications for employers and potential shifts in employee take-home pay and long-term savings.
• Expansion of social security coverage, including recognition of gig and platform workers.
• Changes in leave accrual, encashment provisions and working hour standards.
• What organisations should do now to prepare for this transition across HR, payroll and governance systems.

Listen to the full episode for practical perspectives on how these reforms could influence workforce strategy, compliance planning and the future of employment governance in India.

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