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.
Primitive humans died 40 thousand years ago, but their DNA was not found on Earth
The primitive man was discovered in the year 1856, but even today the mystery remains in many cas
The country's maritime security is going to get further strengthened. The recently inducted indig
Today is the 395th birth anniversary of Chhatrapati Shivaji Maharaj, the founder of the Maratha E
Delhi Police is connecting every link to gather evidence against Aftab in the Shraddha murder cas
The National Medical Commission has released the draft regulations of the National Exit Test (NEX
The Haryana Election 2024 Congress has suffered a second consecutive setback in the Rai constitue
UPSC Prelims Result 2023 OUT: The Union Public Service Commission has announced the UPSC Prelims
Pakistan's former prime minister Imran Khan can be arrested anytime. During a rally in Islamabad,
All the questions related to which party will form the government in Haryana and Jammu and Kashmi
The suicide rate in India is at a record level of 24 years, NCRB figures are scary
The highest suicide rate has been recorded in the country for the first time since 1967. Last yea
