The PF scheme run by EPFO i.e. Employees Provident Fund Organization, is mandatory for all private companies that have more than 20 employees working for them. Under this scheme, the company has to ...
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...
India’s new labour codes are set to overhaul salaries, PF contributions, work hours, leave rules, and social security coverage for employees and gig workers. From a 50% basic-pay structure to a ...