Working news for salaries can increase after 6 days, your salrier, know the new rule benefits

 Working news for salaries can increase after 6 days, your carrier, know the new rule benefits

Now in a few days, the financial year is going to end. So many rules will change from April 1. One of which is connected with your carrier. Let's know.

7 days later your tech home can be held in Celery

From the law of the new wages, you will be able to lift the advantage

The government will apply new wage laws ie new wage code from April 1

In fact, new salary laws by the government will be applied from April 1. After this rule, you can increase your tech home salary by reducing your tax. Let's know what a new wage law is and how you can get it.

Basic Sally's share in the salary you received every month under the government's new salary law should be 50 percent. Basic Salary is included in Basic Salary, Inflation Allowance, and Retaining Allowance. Your Basic Celery is calculated by adding these three items.

What is the old rule?

Suppose your annual gross income means that CTC 18 lakh rupees. According to the present rule, the Basic Salary is 32% of CTC. In this way, there should be a share of Basic Salary in your Monthly CTC of 48,000 rupees. While 50 percent of Rs 24000, HRRA and after 10%, 4800 Rupees NPS, will be Rs. In this way, your Monthly Salary in CTC of 1.50 lakhs is Rs 82,560 and the remaining amount of Rs 67,440 goes into other matters.

This will benefit from new structures

Now after applying a new wage code from April 1 you can change your Sellrie's structure. Under the new law, PF, graduate, inflation allowance, travel allowance, and house rent will be adjusted in Salary salary. Basic CTC is 50%, it is not that for more than 50%, in the same way, the load of tax will be reduced due to changes in pf and other allowances. The effect of whose effect will be seen on your Tech Home Valerie.

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51 decision to exclude the allowance

In fact, every aspect was investigated before applying a new wedge code in the cabinet. Particularly talking allowances, after investigating all 196 allowances, the Cabinet has decided to exclude 51 percent of them so that the emphasis on salaried people can reduce and get more benefits. Only after 5 years of work in a company, there is only graduation but the employees under the new law will be entitled to Gratuity only after working for 1 year.