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.
On the sixth day of the ceasefire in Gaza between Israel and Hamas, the Palestinian terrorist gro
Famous comedian Samay Raina is now trying to make his life normal again after the controversy ove
A ceasefire has finally been declared on the conflict between Thailand and Cambodia that has been
It rained in many areas of Delhi-NCR on Wednesday. Due to this people got relief from the humid h
The name of jailed gangster Lawrence Bishnoi is constantly in the headlines. He has been in the n
Joshimath Sinking: Satellite pictures of ISRO revealed, Joshimath sunk 5.4 cm in 12 days
The National Remote Sensing Center of the Indian Space Research Organization has released satelli
Abhinav Arora, a famous child saint on social media, is in the headlines these days. Recently, a
Bigg Boss OTT Season 2 is gaining immense popularity among viewers. Seeing the demand for the sho
India got a bronze medal on Tuesday, the fourth day of the Paris Olympics when the pair of Manu B
Virat Kohli's dominance continues in the World Cup 2023. He scored his second century in this Wor
