Reasonable Compensation in Delayed Housing Projects:
I. Introduction
On 20 February 2026, the Supreme Court of India delivered a significant ruling in Parsvnath Developers Ltd. v. Mohit
Board HR focuses on Indian labor law and human resource compliance, particularly analyzing statutory definitions and calculations related to wages and social security benefits under recent labor codes such as the Code on Wages, 2019 and the Code on Social Security, 2020. The blog covers topics including the classification of salary components like Special Allowance and House Rent Allowance for statutory purposes, the application of anti-avoidance rules like the 50% rule, valuation of remuneration in kind under the 15% rule, and practical implications for payroll and compliance. It also addresses upcoming changes and workshops related to new labor codes, providing guidance for HR, legal, and payroll professionals on compliance and wage structuring.
🚨 Register Now | National Seminar on India’s New Labour Codes📍 Delhi Chapter – I Am Ready Series🗓️ 21 March 2026https://indithinkk.com/index.php/2026/01/26/delhi-21-march-i-am-ready-labour-codes-national-seminar-on-indias-new-labour-codes/India’s New Labour Codes are moving from notification to implementation — and industry preparedness is no longer…
Labour Codes Draft Rules Published: India Moves Closer to Full-Scale Labour Reforms Get All 4 Labour Codes Draft https://drive.google.com/drive/folders/1thg1e-AEhtuhHYunjoZ7XfnsykWq0a1D?usp=drive_link
After years of anticipation, India has taken a decisive step towards operationalising its landmark labour reforms. The Central Government has published…
President Gives Assent to VB-G RAM G Bill: India’s Rural Employment Law Enters a New EraNew Delhi, December 21, 2025 – President Droupadi Murmu has given her assent to the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM…