To be effective from next financial year, the new definition of wages (that includes salaries of executives in the private sector) caps allowances at 50% of total compensation.from News-Economic Times https://ift.tt/36QFImd
New wage rule may raise India Inc costs from April
To be effective from next financial year, the new definition of wages (that includes salaries of executives in the private sector) caps allowances at 50% of total compensation.from News-Economic Times https://ift.tt/36QFImd
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