Labour code new rules: Here's what will change after all states roll out drafted rules
The Labour code rules are supposed to be framed by both the central and state governments.
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The Labour code rules are supposed to be framed by both the central and state governments.
The new labour code will make it easier for the companies to lay off workers.
Over 64 per cent of organisations expect a significant impact on their P&L (profit and loss), while 34 per cent are unsure of making changes to their compensation structure.
New Labour Code: Salary, PF, gratuity, working hours likely to change from October 1 - Details here - According to the draft labour law which is likely to come into effect from Oct 1, basic pay of the employees will be 50% or more of the total salary.
New Labour Code: Your take-home salary won't reduce soon. Here's why The new wage rules under the labour code were supposed to be implemented on April 1. However, the Centre has delayed the implementation as states are yet to finalise the rules. Read on to find out when the new labour code rules will be implemented. advertisement UPDATED: April 20, 2021 11:49 IST The new labour code rules were supposed to be implemented from April 1, but the Centre has deferred it for the time being. The delay has been caused as several states are yet to finalise rules for the implementation of relevant rules...