Indian payroll update

Indian payroll update

July 2023

There have been a number of updates to our Indian Global Insights document detailing revised Minimum wages rates and other notifications. We have summarised the key headline data but for more comprehensive details you can register for our full Global Insights guide or contact us direct

1. Revised Minimum wages of Mizoram. - revised applicable rates of Minimum Wages in Mizoram for all the categories of workers effective from 1st April 2023

2. Revised Minimum wages of Himachal Pradesh - revised applicable Rates of Minimum Wages in Himachal Pradesh for all the categories of workers effective from 1st April 2023

3. Exemption in PT payment in Karnataka - As per the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976 (Karnataka Act 35 of 1976), the Government of Karnataka gave notice of which professions and category have been granted exemption from the tax liability under the aforementioned act – effective 13th July 2023.

4. Holiday declaration by Telangana - The Government of Telangana has announced that there will be two consecutive Holidays on 21st and 22nd July 2023 for all Government offices, Private institutions, schools, and Educational Institutions located within Greater Hyderabad Municipal Corporation (GHMC) limits, due to continuous heavy rainfall and imminent forecast of heavy rains.