📈 Private Sector Minimum Wage Hikes Approved: Rs. 27,000

• The Cabinet has approved the full implementation of the National Minimum Wage of Workers (Amendment) Act, No. 11 of 2025, significantly raising the minimum wage for private sector employees. • Phase 1 Increase: The monthly minimum wage will increase from the current Rs. 17,500 to Rs. 27,000 with effect from 1 April 2025. • Phase 2 Increase: The minimum wage is scheduled to rise further to Rs. 30,000 starting 1 January 2026. • The revised wage applies to all statutory payments, including EPF, ETF, overtime, maternity benefits, probationary pay, and holiday entitlements. • Compliance is mandatory for all employers, including intermediaries and contractors. The Commissioner General of Labour has been tasked with full enforcement across all industries and services.