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New Wage Code: Allowance to not exceed 50% of salary? Labour ministry holds key meet to discuss salary structure today

Published: August 22, 2022

If it is agreed upon that allowances cannot exceed 50 per cent of salary, then the take-home salary will be less and investment in PF will increase.

Source: dnaindia.com

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Union Labour MinistryProvident FundNew WageWage CodeNew Wage CodeEarned LeavesMaternity Benefit ActNew Labour CodeEw Wage Code ProvisionsWorking HoursIn Hand SalaryDf Deductions