New Labor Law: The Modi government (central government) is preparing for changes in the amendment of the labor law (labour law). Employees will soon have to work 4 days a week instead of 5 days and 3 days off in a week instead of 2 days.
In the new case, the department has included the department till 12. It is dangerous to work. If you work 8 hours a day, you will work 12 hours. Multiplier 4 days 48 hours. There are 8 hours in practical work.
Care in the time period between 15 and 30 must also meet code regulations in order to join the 30 30 summer working hours. Standard working time limit of 30 minutes. Five will communicate after every five hours.
According to the new draft rule, the basic pay should be 50% or more of the total salary. This will change the pay structure of most of the employees. Take home salary can be reduced and PF amount can increase. After the implementation of the new pay code, employers will have to pay 50 percent of the CTC as basic salary to the employee. Bonus, pension, conveyance allowance, house rent allowance, housing benefit, overtime etc. will be out when the new wage code is implemented.
Labour Codes On The Cards: Companies’ PF Liability To Go Up, Workers To See Reduction In Take-Home Pay
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