LatestCorporate Compliance 7 November 2026
Wage Strikes, Payroll Rules, and Financial Rates Shift in India
Bangladesh’s textile workers are striking over low minimum wages, highlighting India’s competitive edge, while India tightens payroll compliance under new labour codes that redefine wages and benefits. The Airports Authority of India raises gratuity for long‑service staff, and banks offer fixed‑deposit rates up to 8.25%. Meanwhile, gold and silver prices react to US job data, and a laid‑off Canva employee secures six months’ salary despite maternity leave. These developments underscore shifting labour and financial landscapes across South Asia.
- Bangladesh textile strike – Workers demand higher minimum wages; the dispute reveals India's wage advantage in the regional garment market. Read more
- Payroll compliance checklist – New Indian labour codes expand the definition of *wages* and outline employer obligations for PF, ESI, and other contributions. Details
- Canva layoff payout – A former employee on maternity leave will receive six months’ salary despite initial eligibility concerns. Story
- AAI gratuity revision – The Airports Authority of India increases gratuity benefits for staff with longer service periods. Info
- Fixed‑deposit rates – Several banks now offer up to 8.25% interest on new FDs, with small‑finance banks leading the yields. Source
- Gold & silver prices – Precious metal rates fluctuate as US employment data exceeds expectations, influencing market sentiment. Update
- New labour codes impact – Recent surveys warn that India's updated labour legislation still leaves domestic and home‑based workers vulnerable. Read
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