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0:00 - Setting the Context 01:28 - Definition of wages simplified 03:22 - Practical illustration 1 03:58 - Practical illustration 2 04:30 - Practical illustration 3 05:07 - Practical illustration 4 06:22 - Other exceptions 06:56 - Gratuity and its accounting impact 08:30 - Full and final timelines 09:37 - Compliance checklist India’s New Labour Codes, effective from 21 November 2025, bring the biggest reform in employment laws in decades. In this video, we explain the New Code of wages with practical examples, focusing on: The new definition of wages The 50% wage rule Real-world salary structure examples Why gratuity costs have increased sharply Why many companies are reporting a one-time P&L impact What HR, finance teams, and employers must do to stay compliant This explainer is especially useful for business owners, HR professionals, CFOs, payroll teams, and compliance leaders who want to understand the financial and operational impact of the new labour laws. 📌 Want the presentation used in this video? Comment “Presentation” or check the link in the description. 📲 For regular updates on labour laws, payroll, and compliance, join our WhatsApp channel at : https://whatsapp.com/channel/0029VbBx... and follow us on LinkedIn at / ca-deepika-bindra-10808785 🔔 Subscribe to FutureReady to stay ahead of regulatory and policy changes.