New Rule Change In Take-Home Salary, Working Hours Delayed. Read Details
The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.
Source: ndtv.com
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New Labour Law From July 1: Reduced In-Hand Salary And Increased PF Contribution Under New Wage Code
As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.
Source: ndtv.com
Only 10% Of Indian Unicorn Jobs Are In The Formal Sector
India’s 100 unicorns provide formal sector employment to about 272,000. While this number has grown briskly in the last two years, it’s a small fraction of overall corporate employment and also what these unicorns employ via the informal sector.
Source: livemint.com
Linking PF account with PAN can save you from TDS, here's how | Personal Finance News
EPFO has created a new tax structure for PF contributions over a threshold of Rs 2.5 lakh for private-sector employees and Rs 5 lakh for government employees. The EPFO norms say that if TDS is less than Rs 5,000, there will be no deductions for Indian residents.
Source: india.com
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How Putrajaya will help M40 households that fell into the B40 bracket due to the pandemic | Malaysia
KUALA LUMPUR, Dec 13 — Around 580,000 households, which were previously in the M40 income group, slipped into the B40 bracket because of the Covid-19 pandemic, said Prime Minister Datuk Seri Ismail Sabri Yaakob in September. Malaysians are categorised into three income groups: the Bottom 40 per...
Source: malaymail.com