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New Wage Code 2022: Employees with Rs 25 basic pay people will get Rs 1.16 crore, check out this calculation - Vimarsana News

New Wage Code 2022: Employees with Rs 25 basic pay people will get Rs 1.16 crore, check out this calculation

The central government has notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.

Source: india.com
New Wage Code: Crucial meeting of Labour Ministry with industry today, discussion on allowance and salary structure on the cards | Personal Finance News - Vimarsana News

New Wage Code: Crucial meeting of Labour Ministry with industry today, discussion on allowance and salary structure on the cards | Personal Finance News

If it is agreed upon that Allowances cannot be more than 50% in salary, then take home salary will be less and investment in Provident Fund (PF) will increase. The industry believes the new wage code is expected to increase the burden in the short term. Therefore, the industry should get 2-3 months to implement the new rules. 

Source: india.com
China-backed hackers spying on govts, India's NIC among victims - Vimarsana News

China-backed hackers spying on govts, India's NIC among victims

The China-based hacking group targeted individuals via emails containing abasic PDF files with links to the phishing sites, typically stating that a user needs to click the link to preview or download files. Over the past three years, RedAlpha continued to conduct credential-phishing activity using large clusters of operational infrastructure to support campaigns.

Source: india.com
New Wage Code: Allowance to not exceed 50% of salary? Labour ministry holds key meet to discuss salary structure today - Vimarsana News

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

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.

Twitter to cut annual bonuses for employees to 50% amid downturn - Vimarsana News

Twitter to cut annual bonuses for employees to 50% amid downturn

The annual bonus figure could fluctuate even further throughout the year based on Twitter's upcoming earnings, according to Segal who wrote an email to Twitter employees on Friday. The company employs more than 7,500 people globally. 

Source: india.com