Business

Indian IT’s Big Five face $500 million labour code hit to profitability(Soban News)

The labour codes increased statutory payouts such as provident fund and gratuity. The requirement lopped off 260-320 basis points from their profitability in the October-December 2025 period.

​The labour codes increased statutory payouts such as provident fund and gratuity. The requirement lopped off 260-320 basis points from their profitability in the October-December 2025 period. by Soban News (international And National News)

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