
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.
Aishwarya Rai Bachchan is a famous actress. She is also very famous because of her fa
Amazon Deal: Buy this convertible laptop at up to 50% discount, will also work as a tablet
Amazon Deal On Convertible Laptop: The cheapest offer on a convertible laptop has come on Amazon,
There is not even a week left before the start of the T20 World Cup, all the teams are busy prepa
The Supreme Court will hear on Thursday a batch of PILs challenging the validity of certain provi
The President of Ukraine has written a letter to the Prime Minister of India, Narendra Modi. He h
The immense box-office success of producer-director Aditya Dhar's film, Dhurendhar: The Revenge,
America's newly elected President Donald Trump has been offering to merge Canada with America for
Gurucharan Singh Missing: No trace has been found yet of Gurucharan Singh, who became famous
The 3-match T20I series between India and England is going to start today at the Ageas Bowl Stadi
Amidst the Lok Sabha elections, there were speculations that Congress leader Priyanka Gandhi woul