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Monday, December 23, 2024 | 09:24 PM ISTEN Hindi

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Employees may have to wait longer for new wage code rules to kick in

The changes under the new wage code can only be implemented across the country once the centre receives draft guidelines from all the states and UTs

Take-home salary may rise under new Employees' Provident Fund law
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BS Web Team New Delhi
A new legal code nudging companies to speed up the final payment of employees who resign could be delayed as several states are yet to draft rules for implementation.

The code on wages are a constitutional requirement and must be framed based on central government guidelines. It will be implemented once the centre receives draft guidelines from all states and UTs.

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