Tag Archives: wage code

Employers may need to review offer letters if the new Wage Code goes into effect on April 1, 2021, which may result in a lower net pay for most employees. The new definition of salary is part of the 2019 Wage Code approved by Parliament last year. The rules for …

[ad_1] Written by Udit Misra Nushaiba Iqbal The | New Delhi | Updated: May 11, 2020 7:12:09 am At first glance, these changes are taking place to encourage economic activity in the respective states. As the economy struggles with closure and thousands of companies and workers look to an uncertain …