SynopsisNew labour codes, particularly the Code on Social Security, aim to transform Provident Fund into a social insurance system, aligning with UN SDGs. The code expands coverage to more establishments and workers, clarifies wage definitions, and introduces safeguards for low-wage earners. This aims to reduce litigation and compliance costs, fostering a worker-centric framework.

Source: Economic Times December 25, 2025 09:45 UTC