Govt wants India Inc to overhaul salaries, proposes higher basic income
The Centre is planning to reform labour laws to ensure employers do not keep basic income low in order to reduce contributions towards social security schemes.
The proposal to make basic income a major component of salary could lead to a decline in the take-home pay of workers as contributions towards provident fund, insurance and gratuity may rise alongside a higher tax outgo. Read more
Airtel, Jio to battle for supremacy with fibre-to-home broadband services
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The proposal to make basic income a major component of salary could lead to a decline in the take-home pay of workers as contributions towards provident fund, insurance and gratuity may rise alongside a higher tax outgo. Read more
Airtel, Jio to battle for supremacy with fibre-to-home broadband services
The next big battle for telecom