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News Digest: Labour reforms, Airtel-Jio battle, FIFA World Cup, and more

From Centre's plan to reform laws to FIFA World Cup 2018, BS brings you up to date with the latest news

News Digest
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BS Web Team New Delhi
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

The next big battle for telecom

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