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.
Amidst the ongoing conflict in the Middle East, the global oil crisis continues to deepen. In man
A storm has erupted in the world of cricket that could potentially change the landscape of the sp
Pager Blast in Lebanon Nine people died in a serial blast in the pagers of members of the terrori
Sonam Wangchuk's arrest case reaches the Supreme Court, wife Geetanjali files a petition.
The wife of social activist and education reformer Sonam Wangchuk, arrested in the Union Territor
On Monday morning, more than 30 schools in Gujarat received threats via email, threatening to bom
Bawaal Celeb Review: Varun Dhawan and Jhanvi Kapoor's film 'Bawal' is about to release on OTT pla
Former principal Sandip Ghosh's troubles are increasing after he resigned soon after the rape and
188 new cases of coronavirus infection have been reported in India while the number of active cas
Munawar Faruqui Detained: It seems that the police are keeping a close watch on the winners of 'B
Defending champions India face no threat from Namibia in Thursday's T20 World Cup match in Delhi.
