New Labor Code: Working hours, salary structure to change from October 1, check other details

According to the new draft rule, the basic pay will be 50% or more of the total salary. 

Come October 1, the Narendra Modi government is coming with a lot of changes in the rules of labor law. This new rule states that the employees working hours are going to be increased from 9 hours to 12 hours in the new labour law.  Besides that, the in-hand salary will also change after the new law is implemented.  According to the new draft rule, the basic pay will be 50% or more of the total salary. This will also change the salary structure of most employees, as the non-perks part of the salary will be less than 50 per cent of the total salary. Similarly, other allowances in the total salary will also change, i.e. it will be more.