In hand salary will be reduced from July 1, working hours will increase

From July 1, many rules and regulations are going to be changed in the country. Yes, and these rules will be from your financial transactions. At the same time, after the implementation of these rules, some of the burdens can also affect your pocket. Today we are going to tell you about them.

Reduction in these hand salaries- From July 1, if the new labour code comes into force, then these hand salaries of workers can also be reduced. After the implementation of the new labour code, companies will have to increase the basic salary of their employees to at least 50 per cent of the gross salary. Yes, and by doing so, the contribution of the employee to the PF and gratuity will increase and his salary will start deducting more amount in these items.

Change in prices of LPG cylinders- From July 1, the prices of LPG cylinders in the country may also change. In fact, on the first day of every month, the oil marketing companies decide to change the price of LPG cylinders.

Prices of two-wheelers to go up - from July 1, the prices of two-wheelers in the country will also go up. In fact, the prices of two-wheelers have been said to be increased according to different models and market conditions.

Air conditioners will also become expensive - From July 1, ACs will also become costlier in the country. In fact, the Bureau of Energy Efficiency BEE has changed the energy rating rules for air conditioners and this change is to come into effect from July 1.

Working hours may increase - From July 1, the government may implement a new labour code. In fact, after the implementation of the four new labour codes, the working hours for workers may increase, as the new labour code provides for 12 hours of work instead of eight hours. At the same time, companies can ask their employees to work for 12 hours instead of eight hours, but they will have to give leave to the employees three days a week in return.

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