New wage code 2022: The four labour codes proposes that an employees' basic salary should be at least 50 per cent of its net CTC
Listen to this article
New wage code 2022: After a delay of more than one year, the much awaited four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are in news again. The new wage code is hitting headline as Union Labour Minister Bhupender Yadav has exuded confidence saying the four codes may soon become a reality as around 90 per cent of states have already come out with draft rules. For those salaried employees, who are waiting for the implementation of this new wage code, it would be interesting to know that their monthly take home salary will go down after implementation of these four wage codes.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.