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Top I-T firms earmark Labour Code costs

Financial Express Kochi

|

February 09, 2026

HIGHER PROVISIONS

- SIDDHARTH UPASANI

INDIA'S BIGGEST COMPANIES set aside more than ~13,000 crore in the October-December 2025 quarter to account for the impact of the new Labour Codes.

These provisions were 3% or lower as a percentage of last financial year’s employee costs for major IT companies and private banks; for airline carrier IndiGo, it was 13%.

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