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If it's implemented
Will our in-hand salary be reduced?
As basic pay will be 50% now
And PF will now be calculated on increased basic pay!
+1
It is for Indian native company
Kr liya bhai where is your 50% basic rule, kuch change Hui kya salary yea in-hand ??
Pro
.
From Apr 1 it's full implementation of the new wage code. Every company has to follow it mandatorily. I guess we will get the communication soon
Yes in-hand salary will decrease