Cost of Non-Compliance with New Labour Codes for Foreign Subsidiaries: Penalty Risks in Q4 2026
Non-compliance with new labour codes is now a boardroom risk for every foreign subsidiary operating in India. All four Labour Codes have been in force since 21 November 2025, replacing 29 central laws. The central rules were notified on 8 May 2026. The first anniversary of implementation falls in Q4 2026, along with year-end payroll […]