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What do new labour codes mean for employees & employers? From minimum wages, gratuity benefits to appointment letters & layoff rules - top things to know

India's new labour codes, effective November 21, 2025, consolidate 29 laws, promising universal minimum wages, enhanced social security for gig workers, and improved safety. While offering businesses flexibility, they also introduce new classifications for employees and workers, impacting benefits and contract labour. Employers must adapt HR and payroll to these significant changes.