Currently, most employers have a wage structure in which the basic salary ranges from 25% to 40% of the CTC of the employee, and this forms the basis for both provident fund and gratuity contributions...
It is critical for employers to analyse the impact of the Code and the compliances thereunder in order to be able to undertake a smooth transition as and when the Code becomes a law
Recent Union Budgets have focussed significantly on social security measures with the objective of moving towards a universal social security system for all, especially the poor and the underprivi...
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