LatestCorporate Compliance 25 September 2026
India Pushes Formalisation of Informal Workforce
India is advancing the formalisation of its large informal sector by introducing statutory minimum wage rules and fixed salary structures. The policy aims to bring unregistered workers under legal coverage, improve labor rights, and boost tax compliance, while addressing wage disparities across the economy.
Key points
- The government plans to regulate informal workers with statutory minimum wages and fixed salaries.
- Goal: bring millions of unregistered workers into the formal payroll, protect rights and increase tax base.
- Expected benefits include reduced wage gaps, better social security, and clearer labor standards.
Read more at Drishti IAS article.
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