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.
The government is once again going to crack down on the common people in deteriorating Pakistan.
'Salman Khan has grown old', 'He needs to focus on his fitness a little'... Those giving such adv
Anushka Sharma's Second Pregnancy: Anushka Sharma and Virat Kohli are the power couple of B-Town.
The people of the world may soon see even more dangerous effects due to climate change. If nothin
Former US President Donald Trump may return to Twitter. Twitter's new boss Elon Musk posted a Twi
OMG 2 Advance Booking Collection: On the occasion of Independence Day, there is going to be a hug
The Samajwadi Party delegation will meet the families of those who lost their lives in the riot i
Significant progress was made on industrial investment on the first day of Chief Minister Yogi Ad
Even before the start of the 16th season of the Indian Premier League (IPL 2023), the Delhi Capit
The Allahabad High Court has reserved its decision regarding the maintainability of the civil sui
