LatestCorporate Compliance 12 November 2026
South Asia Wage Strikes Spark Factory Closures
Wage disputes hit South Asia: Bangladesh garment factories shut over a minimum‑pay strike, India’s IBA approves pro‑rated Sunday wages, a court grants ₹2.27 lakh compensation in an unborn‑child case citing historic wages, and security firm SIS cites labour‑code reforms for continued revenue growth, while EPFO’s Vishwas 2026 scheme reduces penalties for late PF settlements.
- Bangladesh garment factories: Hundreds closed as workers demand higher minimum wages. Details at Deccan Chronicle.
- India IBA decision: Approves one‑day pro‑rated wages for officers on Sunday duty. Read more on The Kanal.
- Court compensation: Couple awarded ₹2.27 lakh for unborn child death, using historic minimum‑wage data. Full story at CNBC TV18.
- SIS revenue outlook: Maintains 15‑18% growth guidance, crediting labour‑code reforms and higher state minimum wages. See CNBC TV18.
- EPFO Vishwas 2026: Employers can settle pending PF damages at reduced rates until Dec 28, 2026. Details at CNBC TV18.
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