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Employees’ holidays will increase to 300? There will be change in PF and gratuity- Modi government will take decision

Earned leave leave of employees may increase to 300




Earned leave leave of employees can be increased to 300. In fact, in the past, there was a discussion between the representatives of the Ministry of Labor, Labor Union and industry regarding changes in the rules of the Labor Code regarding working hours, annual holidays, pension, PF, take home salary, retirement etc., in which the employees’ Earned There was a demand to increase the leave from 240 to 300 lives.

The rules of the Labor Code were to be implemented from April 1, but due to the unpreparedness of the state governments, the rules were not implemented.

The demand for raising the limit of PF and earned leave raised by labor unions was also to be decided. The people associated with the union want the limit of Earned Leave to be increased from 240 to 300 days. The government was demanded to make separate rules for building and other construction workers, beedi workers, journalists and workers as well as workers associated with the cinema sector.

New labor laws

New laws related to labor reforms were passed by Parliament in September 2020. Now the central government is trying to implement them as soon as possible. According to the Labor Code, the basic salary should be 50% or more of the total salary. This will change the pay structure of most of the employees. If the basic salary increases, then the amount deducted in PF and gratuity will increase. This will reduce the salary in hand. However, the PF may increase.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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