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Even as the new labour codes require wages to form at least 50 per cent of total pay, employees should not assume companies will simply raise their basic salary to that level. Analysts said employers ...

New Delhi: A major change has come into effect for salaried individuals across the country. With the implementation of the new Labour Code, the way companies structure and disburse salaries is set to ...

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The implementation of new labour codes is set to change how salaries are structured, with potential implications for employees’ tax outgo. Earlier, compensation packages typically included allowances ...