New Labor Code: Modi government is going to bring a new labor law. If it came into effect from 1st July (July 1, 2022), then only four days of work would have to be done in a week. At the same time, your PF contribution will also increase. But after the implementation of this rule, the in-hand salary will be reduced. Let us know what will change after the implementation of the new labor law?
Three days off in a week!
For a long time, there was a demand that there should be three days off in a week. After the implementation of the new labor law, only 4 days of work will have to be done in a week. But the working hours in the day will be increased from 9 to 12. If the company implements a 12-hour work shift, then it will have to give three days off to the employees. That is, employees will have to work 48 hours a week. Let us tell you, in the 12-hour shift, the employees will get half an hour of leave twice a day.
How will the implementation of the new labor law affect your pocket?
According to the new labor code, the total salary of the employee should be 50% or more of the basic salary. If this happens then your PF contribution will increase. This will result in huge savings for the employees. At the same time, in hand salary will be reduced. However, after the implementation of the new labor code, the pension amount will also increase. Apart from this, there may also be an increase in medical insurance, and incentives.
Let us tell you, earlier it was to be implemented on October 1, 2021, only. But then because of the assembly elections of 5 states, the central government did not implement it. In such a situation, it is believed that the government can implement it from July 1. However, all these are still speculations. No announcement has been made by the government regarding its implementation.
Train Accident Howrah New Delhi Route 53 bogies of a coal-laden goods train derailed near Gurpa s
Considered one of the world's best match-finishers, David Miller has returned to form ahead of th
Apart from his business, Elon Musk, the world's richest man and Tesla CEO, is often in discussion
Congress President Mallikarjun Kharge, Sonia Gandhi, and party leader in Lok Sabha Adhir Ranjan C
The next match of the four-match Test series between India and Australia will be played in Indore
Diljit Dosanjh paid tribute to Ratan Tata in a live concert, and stopped the show midway.
Indian business tycoon Ratan Naval Tata has passed away at the age of 86. He breathed his last at
Omicron BF.7: Knocking of a new variant of Omicron in India, know how dangerous BF.7 is already
Omicron New Variant BF.7- The concern of the health department has increased after the emergence
The coronavirus has started spreading rapidly once again in China. An increase in new cases of th
'Modi Ji is the king and there is police rule in India', arrests Rahul Gandhi attacks the Center
Congress leader Rahul Gandhi was detained by Delhi Police on Tuesday. Rahul along with other Cong
An Indian American businessman and philanthropist says that PM Modi is the only leader in India&n
