Finance Minister Nirmala Sitharaman may announce the much-awaited implementation of the four labour codes from the next financial year, official sources told FE. Sources said that since all the 36 states and union territories (UTs) are expected to publish their draft rules under the codes–on Wages, Social Security, Industrial Relations, and Occupational Health & Safety—by the end of FY25, their enforcement throughout the country is now feasible. The sources, however, didn’t clarify whether the codes will come into effect from April 1, 2025 or slightly later.