Key Changes

Key Changes

Gig/Platform Worker Coverage

Before

No social security coverage

After

Central Government may notify social security schemes; aggregators must contribute

Why it matters: Historic first-time coverage for gig economy

Aggregator Contribution

Before

Not applicable

After

1-2% of turnover OR 5% of payments to gig workers (whichever is lower)

Why it matters: Creates funding mechanism for gig worker welfare

Gratuity for Fixed-Term

Before

5 years minimum service required

After

For fixed-term employees, on a pro-rata basis; for regular employees, a minimum of 5 years of service is required

Why it matters: Fixed-term workers eligible for pro-rata gratuity

Gratuity Calculation Base

Before

Basic + DA only

After

Wider wage definition (50% rule applies)

Why it matters: Higher gratuity payouts likely

ESIC Coverage

Before

Specified establishments only

After

Can be extended to any establishment by notification

Why it matters: Potential universal health coverage

EPF/ESIC Below Threshold

Before

Mandatory only above threshold

After

Voluntary opt-in available for smaller establishments

Why it matters: Small businesses can opt into benefits

Aadhaar Linkage

Before

Not mandatory

After

Mandatory for claiming benefits (effective 3 May 2021)

Why it matters: Digital verification of beneficiaries

BOCW Exemption

Before

All construction covered

After

Residential construction <₹50 lakh exempt

Why it matters: Small residential projects excluded

Accident Coverage

Before

During employment only

After

Travel to/from work also covered if deemed during employment

Why it matters: Extended protection for commuting accidents

key_changes-2.txt · Last modified: 2026/03/07 14:07 by compliance_manager

Disclaimer: The Information contained in this knowledge base portal (kb.bizproutx.com) is for general informational purposes only. The information contained in this portal is the property of Bizprout Expert Systems Pvt. Ltd. We would make every effort to continuously update this knowledge base portal, but we assume no responsibility or liability for any errors or omissions in the content provided. The information contained in this site is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on the information published on the website will be at your own peril. For any suggestions or feedback, please write to us at info@bizproutx.com.