New Labor Code: Four days a week work, three days rest? Modi government can implement these rules from July 1

Posted on 27th Jun 2022 05:47 pm by rohit kumar

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.

 

Also Read: Kanpur Violence: New twist in Kanpur violence, Pakistan connection surfaced, shocking disclosure from mobile numbers taken on surveillance

Other news

Karnataka hijab ban controversy: Supreme Court reserves its verdict, petition was given against the order of the High Court

The petitions against the hijab ban in Karnataka were heard once again in the Supreme Court today

Parakh will bring uniformity in evaluation in school boards across the country, will be the country's first national evaluation regulator

India's first national assessment regulatory framework will bring uniformity in assessment being

China plans to triple its nuclear arsenal to 900 by 2035: report

China is considering tripling its nuclear warhead stockpile to 900 by 2035, as tensions with the

Surat Diamond Business: Due to the ongoing war between Russia and Ukraine, 25 thousand diamond artisans became unemployed in Surat, know the whole matter

The heat of the ongoing war between Russia and Ukraine since February is now reaching India as we

PCB took a U-turn regarding the "enemy country" statement, and said this big thing regarding the grand welcome of the PAK team

Zaka Ashraf takes a U-turn on Dushman Mulk's comment: After the Pakistan team reached India, ther

Maidaan: Before the release of Maidaan, a big blow to the film's producer Boney Kapoor, the court gave this order, to know the matter

Filmmaker Boney Kapoor himself was embroiled in legal trouble as a vendor accused him of not payi

Modi Surname Case: Hearing on Rahul's petition now on August 4; Supreme Court notice to Gujarat government and others

The Supreme Court on Friday heard Congress leader Rahul Gandhi's petition in the defamation case

Arijit Singh Birthday: From the rejection in the reality show to the closure of the song, Arijit Singh became a music sensation like this

Happy Birthday Arijit Singh: Arijit Singh, who has sung many songs like 'Kesariya', 'Channa Merey

UPI-PayNow: India's UPI linked to Singapore's PayNow, know how it benefits the common consumer

India's UPI is gaining popularity around the world because of its fast payment speed and ease of

Firing in Graduation Ceremony: A doctor opened fire on a university campus in Manila, 3 were killed including a former female mayor

On Sunday, his former student opened fire at a university in Manila, the capital of the Philippin