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Contribution to PF and gratuity are likely to increase from in the new financial year beginning from April 2021. (HT archive)

Why take-home salary may reduce from April 2021 | Explained

By hindustantimes.com | Edited ny Poulomi Ghosh | Hindustan Times, New Delhi
UPDATED ON DEC 10, 2020 01:13 PM IST
The salary costs borne by companies are also likely to go up under these new rules as the companies will also have to contribute more towards PF and gratuity.
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India’s labour laws are complex and cumbersome and the government’s plan is to simplify them into four codes: wages; OSH; industrial relations; and social security. (PTI photo)
India’s labour laws are complex and cumbersome and the government’s plan is to simplify them into four codes: wages; OSH; industrial relations; and social security. (PTI photo)

After wage code, labour safety on Cabinet table

By Sunetra Choudhury | Hindustan Times, New Delhi
UPDATED ON JUL 10, 2019 05:43 AM IST
If cleared by the Cabinet, this will be the second major labour reform approved by the government.
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