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.
In connection with the Delhi bike accident in Janakpuri, Delhi Police have taken major action and
Fast bowler Mitchell Starc, who played an important role in the victory of Kolkata Knig
Amidst the success of Animal, the film has also been the subject of frequent controversies. Many
Seven devotees died in a stampede at Siddheshwar Nath Temple (Stampede in Siddheshwar Nath Temple
De De Pyaar De 2: Ajay-Rakul pair to reunite in 'De De Pyaar De 2', big update on the shooting
Ajay Devgan is ready to entertain the audience with more than one film this year. Just a few days
Singer Arijit Singh, who has lent his voice to countless songs like 'Kesariya', 'Satranga',&
The ED has moved the Delhi High Court against the trial court's order granting bail to Delhi CM A
Now only seven days are left for the World Cup to be held in India. 10 teams will participate in
Nepal's President refuses to approve citizenship bill, invites constitutional crisis
Nepal's President Bidya Devi Bhandari refused to ratify the Citizenship Bill. The decision has be
On Tuesday, on the first day of Prime Minister Narendra Modi's US tour, he met Elon Musk, the wor
