Now you’ll receive gratuity after this many years, double your overtime pay… This is how new labor code will change your life
29 old labor laws enacted before and after independence (1930-1950) have now been subsumed into four new codes. These are the Wage Code, the Industrial Relations Code, the Social Security Code, and the Occupational Safety Code. The government argues that today’s economy and working methods are completely different from those of the past, and therefore, regulations should also be modern.