New Wages code in India

Google / Eng
littleYoda

Go to company page Google Eng

PRE
Walmart
littleYoda
Dec 25, 2020 21 Comments

With the new wages code in India,
Atleast 50% of CTC should be basic pay. WTF rule is this. Now taking 40% of Basic as HRA and 12% as PF, thus (50+20+6+6) 82% of CTC is cash. What the hell will happen to our stocks?
Are we going to get screwed big time or is there any financial engineering possible?

#indiasalary #india #newwagescode #investments

comments

Want to comment? LOG IN or SIGN UP
TOP 21 Comments