If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...
Opinion
India Today on MSNOpinion
How employers can address New labour code's take-home salary and build employee trust
For employers, the reform means more disciplined salary design and tighter governance. Compensation structures that previously leaned heavily on allowances now require rebalancing. Finance leaders ...
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Why your take-home salary won't change much under new labour codes, clarifies labour ministry
Ever since the new labour codes were notified in November, a lot of employees have been thinking that their take-home salary will reduce once the basic salary increases to 50% of CTC and allowances ...
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Labour code law: New wage rules will not reduce take-home salary — govt clears confusion with full calculation
Amid widespread speculation and concern among employees, the Ministry of Labour and Employment has officially clarified that the implementation of the new Labour Codes will not lead to any reduction ...
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