
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.
Aamir Khan has recovered from the box office disaster of Laal Singh Chaddha. After taking a break
PM Modi US Visit: Prime Minister Modi left for his four-day US visit on Tuesday. PM Modi will be
Pakistan's Chief of Army Staff (COAS) General Qamar Javed Bajwa is retiring on 29 November. Earli
Maharashtra CET Cell will start the registration for MAH LLB Three Year CET 2022 CAP Round 2 from
Whenever India is mentioned in the country or abroad, it is almost always called the 'world's lar
Five people fell ill after consuming mouth freshener at La Foresta restaurant in Sector-90, Gurug
There was a stampede in the Sangam area of Prayagraj on Tuesday night. Many people were inj
Arvind Kejriwal, who has become a shrewd player in politics, has been making such demands from ti
Retail Inflation: Retail inflation for industrial workers rises to 6.49 percent in September
Retail inflation for industrial workers rose to 6.49 percent in September. It was 5.85 percent in
The committee headed by Prime Minister Narendra Modi has finalized the names of the new Lokpal ch