Tag: InHand
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Understanding In-Hand Wage Adjustments Beneath New Labour Codes: Centre’s Key Clarification
The labour ministry has moved to calm widespread considerations amongst salaried staff, stating that the new Labour Codes don’t cut back take-home pay, as long as provident fund (PF) deductions proceed to be calculated on the statutory wage ceiling of ₹15,000. Many workers feared a drop in in-hand wage after the federal government notified the…