In India, many global capability centers (GCCs) have been bracing up for labour codes over the past few years. Finally, the Ministry of Labour and Employment announced the final Central Rules under all four Labour Codes on 8 May 2026. With the prescribed norms now in effect, the priority has shifted from planning for change to ensuring compliance across payroll, employment contracts, and workforce governance. For GCCs running large headcounts in India under captive or IT/ITES structures, this is a payroll and contracts challenge that demands attention.
The Retrospective Trap Nobody Budgeted For
On 21 November 2025, the revised definition of wages under the Code on Wages and the Code on Social Security came into effect – the same date the four Codes themselves took effect. These details are important, and they are more relevant than most GCCs initially realized.
