As per the new definition of wage code, the basic pay will have to comprise 50 per cent or more of employees’ CTC.
The government aims to boost some demand in the festive season.
The Supreme Court judgment mandated the implementation of equal pay for equal work law.
If the employees are working remotely, managers can check their productivity and the updates on task completion.
The EPF&MP Act says that 24 per cent of an employee’s salary is contributed to the EPFO.