
New Wage Code will be applicable from April 1, know what will be the effect on your salary, PF, and gratuity
New Wage Code: Due to the new wage code, there will be a change in salary structure along with PF contribution to gratuity and tax liabilities. The central government can implement the new Wage Code from 1 April 2021 across the country. If this applies, your salary structure will also vary from PF contribution to Gratuity…