A visible exception in the latest reform story is that the Employees’ Provident Funds and Miscellaneous Provisions Act (EPF ...
It could reduce take-home salary, depending on how employers restructure pay,' says expert. Here's what the 50% wage formula really means for your PF and gratuity ...
India's new Labour Codes have introduced a uniform definition of wages, ensuring that basic pay, dearness allowance and retaining allowance together make up at least 50% of an employee's total pay.
Now any employer or establishment can get a provident fund code number within hours of registering online. At present, establishments have to file physical applications with the region office ...