Tag: take-home salary
Labour Codes: Capping of allowances at 50%
According to the new wage code, basic pay should account for 50 per cent of employees' cost-to-company or CTC. The allowances given to employees,...
Labour Code 2020: Lesser take-home salary, more gratuity for private employees
As per the Code on Wages, which will come into effect in April, private companies will have to take a relook at the salary...