New Labour Law in India: The government on Friday announced that the four Labour Codes – the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 are being made effective from November 21, rationalising 29 existing labour laws.

New labour laws gratuity

With the new labour codes coming into effect, the Centre introduced the concept of Fixed Term Employment (FTE), under which the employers will be able to hire workers directly under a fixed-term contract.

These employees will be treated at par with regular workers, and for them to avail gratuity, the government has reduced the required term of service to one year from five.

The Centre said all benefits availed by FTEs will be equ

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