SIDA

EVENTS

The New Wage Code for IT & Software Companies

Event Overview

The Software Industries Development Association (SIDA) hosted a SIDA Speaks session on “The New Wage Code – For IT & Software Companies,” featuring Mr. Varadan K, Chief Consultation Officer of Aparajitha Corporate Services Private Limited.

The session provided valuable insights into the new wage regulations and their implications for IT and software companies. Key discussions covered the simplification of existing labour laws, changes in wage, bonus, and gratuity calculations, and practical steps for ensuring regulatory compliance.

Through real-world examples and an interactive question-and-answer session, participants gained a clearer understanding of the regulatory changes and their impact on business operations.

The session also provided an opportunity for SIDA members to exchange ideas, clarify queries, and strengthen professional connections during the networking dinner.

SIDA extends its sincere thanks to Mr. Varadan K for sharing his expertise and to Mr. Ilavarasan Chandra Mohan, EC Member, SIDA, for coordinating the event.

The session reinforced SIDA’s commitment to promoting knowledge sharing, regulatory awareness, and the continued growth of the IT and software industry in Madurai.