August 31 is here: Still confused about your salary? Why take-home pay is lower despite same CTC under new Labour Law

If the collective total of specified excluded pay items exceeds 50% of an employee’s total compensation, any amount over that 50% mark will automatically be reclassified and treated as wages
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.