Taxmann’s New Labour Codes with Labour Rules – Edition August 2026.

The regime that consolidated 29 central Acts into four Labour Codes is now fully in force. New Labour Codes with Labour Rules exists because day-to-day compliance work requires operative material to be consolidated, not scattered across bare acts, gazette notifications, and overlapping circulars. Updated through July 2026, this volume closes the final gap in the framework by integrating the sweeping June 2026 replacements of retirement, insurance, and pension schemes.

Transition & Compliance Mastery

This book is designed to serve a dual purpose: it acts as the authoritative day-to-day compliance reference and the definitive transition manual for anyone migrating off the repealed Acts.

• Provision-by-Provision Comparative Study: Four exhaustive studies (running over 130 pages) draw out the substantive shifts against the repealed Acts. For instance, bonus payouts must now be credited directly to bank accounts rather than in cash, and new missing definitions are candidly highlighted where drafting is imperfect.

• Compliance Handbook for Employers: Features the Ministry’s own handbook, complete with an action-point checklist sorting every duty into foundational, monthly, periodical, and event-based compliance.

• Every Prescribed Form & Register: The complete forms inventory is reproduced in place—from electronic challan cum returns to wage slips, licenses, and compounding forms—reducing 84 legacy registers into just 8.

The 2026 Social Security & Retirement Overhaul

Retirement benefits previously governed by schemes from 1952, 1971, and 1995 have been fundamentally rewritten. On June 29, 2026, the Central Government notified their replacements, all reproduced here in full:

• Employees’ Provident Funds Scheme, 2026: Features e-Passbooks, UAN-based automatic transfer obligations, and transitional windows like the Enrolment Campaign closing in October 2026.

• EDLI & Pension Schemes, 2026: The insurance benefit is reworked with a floor of ₹2,50,000 and a ceiling of ₹7,00,000. It also outlines the strict 20-day claim settlement rule, failing which 12% interest is recoverable from the Commissioner’s own salary.

• Model Standing Orders: Separate, complete schedules for mining, manufacturing, and service sectors. The service-sector schedule notably provides newly drafted guidelines for work-from-home, remote locations, and virtual workplaces.

Who Should Buy This Book?

• HR, Payroll, & Personnel Heads: Essential for restructuring compensation to meet the 50% wage rule and managing day-one compliance.

• In-House Legal & ER Teams: The ultimate guide for drafting new standing orders, gig-worker contracts, and POSH-aligned grievance redressal policies.

• Chartered Accountants & Compliance Officers: Crucial for advising corporate clients on transitioning from the 29 repealed central Acts to the new digital return framework.

• Aggregators & Platform Businesses: Mandatory reading for navigating the brand-new statutory social-security obligations capping at 5% of amounts paid to gig workers.

About the Publisher

Taxmann’s Research & Editorial Board

Taxmann’s Research & Editorial Board includes Chartered Accountants, Company Secretaries, and Lawyers working under the editorial direction of Editor-In-Chief Mr. Rakesh Bhargava. The team operates at the junction of legal expertise and editorial rigor, sourcing content solely from authorized statutory repositories. Using a Six Sigma-inspired quality framework, they ensure that every comparative table, FAQ, and statutory insight in this transition manual is traceable, defensible, and immediately practice-ready.

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