Labor Code Rules: From October 1, i.e. next month, will the Modi government at the Center implement the rules of the Labor Code? There is a huge question mark on this right now. If these rules apply then your office working hours will be 12 hours. At the same time, your salary may decrease while PF money may increase. However, the labor ministry will not be able to implement these new rules from October 1. According to media reports, there are two reasons for this. First, there is no preparation of the states and secondly the elections to be held in 5 states of the country including Uttar Pradesh.
These changes will come after the implementation of labor law
The salary in hand will decrease
With the implementation of the labor law, the wages in the hands of the employees will come down and companies will have to bear the burden of higher PF liability. As per the new draft rule, the basic pay should be 50% or more of the total salary. This will change the pay structure of most of the employees. With the increase in the basic salary, the amount deducted for PF and gratuity will increase because the money learned in this is in proportion to the basic salary. If this happens, the salary coming to your home will decrease, the PF and gratuity money received on retirement will increase.
12 hour job offer
The new draft law proposes to increase the maximum working hours to 12. However, there will be. Labor unions are opposing the 12-hour job. In the draft rules of the code, there is a provision to include extra work between 15 and 30 minutes in overtime by counting 30 minutes. Under the current rule, less than 30 minutes are not considered eligible overtime. The draft rules forbid any employee to work continuously for more than 5 hours. Employees will have to give half an hour’s rest after every five hours.
Passed in parliament
These four codes have been passed by the Parliament, but apart from the center, the state governments are also required to notify these codes, rules. Only after that these rules will be applicable in the states. These rules were to come into force from April 1, 2021, but were postponed due to non-completion of the preparations of the states.