New labour laws, which are effective from April 1, reduce your monthly take-home pay slightly while boosting long-term ...
8th Pay Commission: Fitment factor is the multiplier that converts old basic pay into revised basic pay. Here's how the ...
Employee unions calculate the minimum pay for an employee based on the rates of a food basket for a month. The food basket ...
With Rs 15 lakh CTC, higher PF and gratuity contributions can reduce annual take-home pay by up to Rs 52000, even without a ...
Newspoint on MSN
New labour code: The entire salary calculation is set to change—these employees will benefit the most
New Labour Code: A major change has now come into effect for salaried employees across the country. With the implementation ...
Salaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but ...
Asianet Newsable on MSN
New labour codes in India: Major changes expected in salary and PF calculation
India’s new labour codes may change salary structures by making basic pay at least 50% of CTC. This could increase PF and ...
The fitment factor is emerging as the biggest battleground for the 8th Pay Commission, with employee unions demanding up to 3 ...
In major good news, the Finance Ministry has hiked the dearness allowance by 2% for central government employees and ...
Government employees could receive arrears exceeding Rs 10 lakh if the proposed 3.833 fitment factor under the 8th Pay ...
India Today on MSN
DA hiked by 2%: How much extra will you get and how to calculate?
The government has raised Dearness Allowance by 2%, but what does it really mean for your monthly salary? Here's a simple ...
The government has approved a 2% increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR ...
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