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Labour codes spark a big turn to allowances

Mint Kolkata

|

June 11, 2026

India Inc. is using a wider menu of benefits and allowances to shield employees’ take-home salaries from the impact of the new labour codes, even as companies hand out muted salary hikes amid a sluggish jobs market.

- Devina Sengupta

Labour codes spark a big turn to allowances

This has resulted in a larger pool of employees selecting benefits this fiscal year, such as uniform allowance, professional development, car lease, driver's salary, internet and communication allowance, children’s education and hostel allowance and meal cards.

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