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[Explained] Wage code structure and how it will impact your take-home salary, gratuity payout
Updated Jan 06, 2021 | 06:25 IST Traditionally tax was the annual change quotient for most employees that impacted their ‘take-home-pay’, but going forward labour codes may also have an impact. Representational image The government has been pushing the ‘Make-in-India’ initiative by bringing in various legislative, administrative and e-governance related changes to facilitate the ease of doing business in India. The Labour Code is one such step in that direction. As part of labour law reforms, the Government of India has undertaken rationalisation of 29 labo...
Source: timesnownews.com