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Wages Analysis - New Labour Code o by prashant is a document available to read on EtoBox.

The document analyzes salary and wage structures in light of the new Labour Code, emphasizing that employer contributions to ESI and PF do not count towards the 50% allowance limit of total CTC. It clarifies that while basic wages can exceed 50% of CTC, certain exclusions like gratuity and leave encashment depend on their timing of payment. Additionally, it outlines that quarterly performance incentives are included in the allowance calculation.

Author

prashant

Language

EN