👥 HR & Workplace🇮🇳 India
India Inc Is Padding Salaries With Allowances to Soften Labour Code Blow
mint - companies·Thursday, 11 June 2026
Changes to India's labour codes are raising statutory payroll costs and squeezing employees' take-home pay. To offset this, companies are expanding tax-efficient perks like meal vouchers, fuel reimbursements, education allowances, and professional development support. The idea is to keep employees' net pay from shrinking too much.
Why It Matters
If you work for a company in India, your salary structure may already be changing or could soon change because of these new rules. The shift affects what you actually take home every month.
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