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.
Every day, the reality show Bigg Boss 19 sees a new drama unfold. Sometimes it's a fight over hou
There is a possibility of 10 crore more people taking a bath in the Ganga on Mauni Amavasya today
Actress Natasa Stankovic has recently shared a cryptic note. A few days ago, viral reports said t
In the Chandigarh-Dibrugarh Express derailment on the Gonda-Mankapur rail section, the investigat
Concerning buying oil from Russia, India has once again made it clear that it will take any decis
Delhi Chief Minister Arvind Kejriwal has given a New Year gift to the people of Haryana. The AAP
The Family Man 3 Release Date: Manoj Bajpayee starrer The Family Man is one of the most popular I
Indian captain Suryakumar Yadav's statements following the victory over Pakistan in the 2025 Asia
Haseen Jahan has been in the headlines ever since she separated from Indian cricketer Mohammed Sh
Trump's tariff bomb will be a dud! India resets diplomacy, Chinese foreign minister is coming to Delhi to formulate a new strategy
Chinese Foreign Minister Wang Yi will arrive in Delhi on Monday (August 18) for a two-day visit, hol
