CTSH · 10-Q · 2026Q3 · Full report

India Labor Law Changes

COGNIZANT TECHNOLOGY SOLUTIONS CORP · 2026-10-29 · Importance 32 · Surprise 42

India’s labor law reforms, including the Code on Social Security, 2020, took effect on November 21, 2025. The government published The Social Security Rules in May 2026 and notified the Employees Provident Fund Scheme of 2026 in June 2026. Clarifications are ongoing, and some Indian states have yet to notify or operationalize corresponding rules; their outcomes could affect Cognizant’s compensation and benefit expenses in India. The company also attributed increased expenses in Other, net to its India defined benefit plans following enactment of the labor reforms.

Key facts

• India's labor law reforms took effect November 21, 2025; the government published Social Security Rules in May 2026 and notified the Employees Provident Fund Scheme of 2026 in June 2026. source
• Cognizant says pending Indian labor-law clarifications and state rules could affect its compensation and benefit expenses in India. source