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
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New wage code from July 1: Changes in Leave, reduced in-hand salary, higher PF, 12 hours work week likely from next month | Personal Finance News
The central government had 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 labour laws from July 1! Here's how to negotiate for a higher salary amid inflation
Only 23 states have pre-published the draft rules for the new labour laws which will be implemented by the Centre on July 1.
Source: dnaindia.com
New wage code from July 1: 12 hours work-week, changes in Leaves, reduced in-hand salary, higher PF for employees | Personal Finance News
Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Source: india.com
More earned leaves, 12 hours working, Salary and PF factor-- New changes may kick in from July 1 | Personal Finance News
Among the prominent takeaway from the the new wage code --once implemented -- is its impact on working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Source: india.com