Corporate Compliance 4 November 2026
India Wage Updates: Dearness Allowance, Pension Relief, and New Minimum Wage Rules
Recent government notifications reveal a 31.33% dearness allowance for banks covering Nov‑26 to Jan‑27, while central government pensioners receive dearness relief starting 1 July 2026. Bangladesh’s ready‑made garment sector will see revised wages from January 2027, and Kerala proposes higher minimum wages with broader bonus coverage under updated labour codes. The Employees Provident Fund Organisation now offers balance checks and passbook downloads via WhatsApp, and additional recruitment notices and GPF interest updates are circulating across the region.
Bank Dearness Allowance – 31.33% applied for Nov‑26, Dec‑26 and Jan‑27 periods. Details: Bank Dearness Allowance.
Dearness Relief for Pensioners – effective from 1 July 2026 for central government retirees and families. More info: Dearness Relief.
Bangladesh RMG Wage Revision – garment workers to receive higher wages starting Jan 2027. See: Bangladesh RMG wages.
Kerala Minimum Wage Plan – state proposes higher minimum wages and expanded bonus coverage under new labour codes. Read: Kerala wage plan.
EPF WhatsApp Service – employees can now check balances and download passbooks via EPFO’s WhatsApp channel. Learn: EPF WhatsApp.
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