Hi Ravi,
Sorry for the delay in my response. It is indeed possible for an employer to make such changes. However, it must be communicated to the Labour Department and PF because PF contributions also vary suddenly and can affect tax planning. Therefore, proper planning should be done before implementing the new salary structure.
Such practices can be quite challenging and are better to be avoided.
Chandru
From India, Madras
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41Sorry for the delay in my response. It is indeed possible for an employer to make such changes. However, it must be communicated to the Labour Department and PF because PF contributions also vary suddenly and can affect tax planning. Therefore, proper planning should be done before implementing the new salary structure.
Such practices can be quite challenging and are better to be avoided.
Chandru
From India, Madras
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
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