26/02/2026
More than 45 days have passed since the publication of the Draft Rules under the Social Security Code 2020.
The final notification may arrive at any moment.
The burning question is not when the law will come into force—but whether our systems, registers, and processes are truly ready.
The following are major mandatory requirements under the Social Security Code for Indian and Multinational Companies are as under :-
1. Restructuring of Companies current Qualifying Salaries for computation of Gratuity, Leave Encashment, PF, ESI, Bonus etc to Wages as per provisions of Section 2 (88) of the Social Security Code, 2020.
2. Impact Analysis of wages on Actuarial Valuation Liabilities of Gratuity and Leave Encashment under the Social Security Code, 2020.
3. Setup of Irrevocable Trust for establishment of Approved Gratuity Fund as per Provisions of Section 57(3) for Registration of Establishment under the Social Security Code, 2020.
The provisions of this Section are notified by Central Government vide gazetted notification dated 27.11.2025 and it is applicable to all Indian UK, US, European, Japanese, Chinese Multinational Companies which falls in preview of Central Government as Appropriate Government.
4. Maintainance of Nomination Form of all Employees.
In case of any query or clarification on the above subject, you may contact us at 9211637063, 011-45261651 or email your requirement at [email protected].
