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Basic Pay 50% Rule under Wage Code

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The Basic Pay 50% Rule is aligned with the objectives of India’s wage code, which aims to simplify salary structures and protect employee benefits. This guide explains how the rule limits excessive allowances and strengthens statutory contributions. It also outlines the long-term impact on retirement savings and employer payroll costs while ensuring fair compensation practices across ... https://savvyhrms.com/basic-pay-50-rule-explained/

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