#Minimum
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Latest news and updates about Minimum.
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With the revised minimum wages notified on Saturday (May 23, 2026) and with an average hike of about 60%, the Karnataka government is pushing the Centre to revise the ESI ceiling from the current ₹21,000 a month to ₹30,000 a month. This is because a large part of the workforce, now covered under the ESI facility, will be out of the ESI cover for medical benefits as they would breach the ₹21,000 a month ceiling with the revised minimum wages.
The Centre has proposed ending a long-standing tax uncertainty for Indian units of overseas tech services firms and global capability centres (GCCs) by setting a uniform profit margin for taxing their IT.
