India's New Wage Code Just Rewired Your Payroll Math: What Every SME Needs to Fix in 2026
India's four labour codes came into force on 21 November 2025 and Central Rules followed on 8 May 2026. The new rule that basic pay can't be less than 50% of CTC quietly changes PF, gratuity and overtime math for every SME. Here's what to check before your next payroll run.
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