Labour Code Updates

Key updates on labour codes and gratuity laws in India include:
- The Jammu and Kashmir High Court ruling that parent departments cannot delay *gratuity* payments due to inter-departmental disputes.
- The Himachal Pradesh High Court stating that appeals beyond the 120-day limit cannot be entertained under *gratuity law*.
- The EPFO 3.0 update, which may introduce separate ATM cards for PF withdrawal.
- The implementation of labour codes in India, with the government moving closer to operationalising the RDIF for venture capital funds.
Some key points to note:
- The labour code implementation is expected to have a significant impact on employees and employers in India.
- The government is working to operationalise the RDIF for venture capital funds, which will support research, development, and innovation in the country.
- The EPFO 3.0 update is expected to make it easier for employees to withdraw their provident fund amounts.