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Special Allowance and the 50% Wage Rule in Code on Wages 2019 | Payroll, PF Contribution & Wages Impact
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Special Allowance and the 50% Wage Rule in Code on Wages 2019 | Payroll, PF Contribution & Wages Impact
Is Special Allowance Part of the 50% Wage Rule? A Complete Guide In the world of Indian labour laws, understanding the intricacies of compensation components is crucial for both employers and employees. One question that often arises is whether special allowance is included under the 50% basic wages rule as defined by the Code on Wages 2019. This topic has significant implications for payroll management, PF (Provident Fund) contributions, and st…
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