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.
Alleged BJP leader Shrikant Tyagi, accused of indecency with a woman in Grand Omaxe Society, Sect
Waqf law amendment bill will be passed in the budget session! JPC report accepted by the majority
The report of the Joint Parliamentary Committee (JPC) constituted on the bill related to amendmen
iPhone 14 Pro Camera Issue: Big flaw in the camera of iPhone 14 Pro, Apple said - will fix it soon
iPhone 14 Pro Camera Shaking Issue: Apple has acknowledged that there is a shaking issue in the i
If you are planning to build a new house and at the same time want to save long-term capital gain
More than 50 crore people have already taken baths in Maha Kumbh, but there is no sign of any kin
Bollywood actors Ranbir Kapoor, Vaani Kapoor, and Sanjay Dutt are in discussions these days about
Gauraksha Bajrang Force president Rajkumar alias Bittu Bajrangi Kas, arrested in Nuh violence, ha
Pakistan has been grappling with economic problems for a long time. Many efforts are being made c
Pakistan: Afghan Taliban will help Pakistan in dealing with TTP extremists, Mullah Baradar assures
Pakistan is horrified by the recent spate of attacks by the banned terrorist organization TTP and
Maidaan Teaser: Ajay Devgan's film 'Bholaa' has come among the audience. This film is getting a l
