Taxmann’s New Labour Codes with Labour Rules – Single-volume Desk Companion Bringing

Description

New Labour Codes with Labour Rules is a single, self-contained working volume of the new labour-law regime—the complete enforced text of all four Codes, their notified Central Rules, the Model Standing Orders, the rewritten provident fund, insurance and pension schemes, the supporting notifications, a full set of FAQs, and a practical employer handbook, gathered in one place. It exists because the regime that consolidated 29 central Acts into four Codes is now in force, and compliance work needs the operative material consolidated rather than scattered across bare acts, gazette notifications, and circulars.

This Edition closes the last gap in that framework. The Codes were enforced on 21-11-2025, and the Central Rules notified on 8-5-2026, but retirement benefits remained governed by schemes dating from 1952, 1971, 1976 and 1995. On 29-6-2026, the Central Government replaced all of them at once, notifying the Employees’ Provident Funds Scheme, 2026, the Employees’ Deposit-Linked Insurance Scheme 2026, and the Employees’ Pension Scheme, 2026. All three are reproduced here in full, with their forms and actuarial tables—as are the three transitional windows annexed to the provident fund scheme, including the Employees’ Enrolment Campaign, 2026, which allows retrospective enrolment at flat damages of ₹100 and closes on 31-10-2026.

The Edition is built to be used two ways:

• As the authoritative day-to-day reference for the Codes, rules, and schemes as they actually apply
• Transition manual for anyone moving off the repealed Acts

The law is stated as enforced with effect from 21-11-2025, with the central rules notified on 8-5-2026, the provident fund, insurance and pension schemes notified on 29-6-2026, and the text updated till 20-07-2026.

This book is intended for all stakeholders who require clarity, continuity, and compliance certainty under the Labour Codes framework, including:

• HR, Payroll, and Personnel Heads responsible for day-one and ongoing compliance across wages, social security, safety, and industrial relations
• Employers, Factory and Establishment Managers, and Compliance Officers transitioning from the 29 repealed central Acts
• Practising Chartered Accountants, Company Secretaries, Cost Accountants, and Advocates advising on labour and employment matters
• In-House Legal and ER Teams drafting standing orders, wage structures, registers, and policies under the new definitions
• EPFO and ESIC Compliance Teams, Provident Fund Trustees, and Exempted Establishments working to the 2026 schemes and the revised exemption, trusteeship, and online-return conditions
• Aggregators and Platform Businesses now drawn into statutory social-security obligations for the first time, at 1% to 2% of annual turnover, capped at 5% of amounts paid to gig and platform workers
• Government Officers, Inspectors-Cum-Facilitators, and Tribunal Members administering the Codes
• Faculty and Students in Law, Management, and Professional Courses studying the consolidated framework