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 weather has taken a turn in Delhi NCR. The clouds that had been hovering since Saturday morni
Oil companies have released the prices of petrol and diesel for today. Today companies have chang
China's Long March 5B rocket hits Earth. The rocket burned up as soon as it entered the Earth's a
OLA Uber Merger: Ola co-founder Bhavish Aggarwal has clarified that Ola and Uber are not going to
The first sermon site of Tathagat on Buddha Purnima was bathed in the light of lamps on Friday. B
The opening match of the World Cup 2023 will be played between defending champions England and Ne
When RJD supremo Lalu Prasad Yadav recently took a dig at Prime Minister Narendra Modi for not ha
Amid the 'India's Got Latent' controversy, YouTuber Shwetaabh Gangwar revealed that he recently s
Canada: Khalistani supporters threaten to target Hindu temple, Indian-origin MP demands action
Tension is continuously increasing between India and Canada regarding Khalistani supporters and a
Jawan Worldwide Box Office Collection Day 15: 'Jawan' is continuously showing success at the box
