New Labour Code Explanation

New Labour Code Explanation

If the new labour codes are implemented from 1 July, the work culture in India is likely to change.

Four-day work week In a week 48 hrs work and 3 days week off

In Hand salary Take home salary reduced and PF contribution increses.

F & F Settlement Final wages settlement should be done within 2 days of last working days.

Under the new labour laws, the retirement corpus and gratuity amount will increase.

To Read more about New wage code under labour law visit goverment offical website

 This is only for informational purpose.