50% limit under Labour Code: India Inc wants cap on allowances relaxed, (Economic Times, 20th April 2021)
Industry is keen that the cap be relaxed to 60% from 50% and gratuity norms, which mandate pay outs to be calculated for the past years on the basis of last drawn wages on last working day, be deferred to offset the immediate financial impact at a time when the Covid-19 pandemic had dented revenues.
Source: Economic Times
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Industry is keen that the cap be relaxed to 60% from 50% and gratuity norms, which mandate pay outs to be calculated for the past years on the basis of last drawn wages on last working day, be deferred to offset the immediate financial impact at a time when the Covid-19 pandemic had dented revenues.
Source: Economic Times
EMKAY CONSULTANCY SERVICES (ESTT 1985)
LABOUR LAW CONSULTANT
PF, ESIC, PT, MLWF, Contract Labour Act, Bonus, Gratuity, Maternity Act, Shop License, Registration and Licensing und Contract Labour Act,
Minimum Wages, Payroll, Sexual Harassment of Women at Workplace, Udyog Aadhaar, LIN Generation, Labour Law Compliance and Vendor Audit
202, Shreeji Villa, LoharAli, Station Road,Opp. Karnavat Classes &Near Laxmi book depot, Thane (West) – 400 601.
Office Nos. - 022 49699968 / 9833043749 / 8655800550 Mr. Raychand J. : 8779875109 / 9324678950
www.emkayconsultancy.in
Like us on Facebook
#compliance #labourlaw #labourlaws #labourcodes #labourlawcompliance
From India, Thana
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