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**Description:**
In this engaging video, we unravel the mysteries of the New Wage Code-a game-changer for employees and employers alike. Imagine your paycheck as a puzzle, and we're fitting the pieces together. We kick off with the 50% rule: At least half of your CTC (Cost to Company) must be your basic salary. The rest? Allowances galore! But wait-EPF (Employees' Provident Fund) enters the scene. It's like a magical money tree, and we break down how it works. Then, we explore the new definition of 'wages'-shaking things up and putting excluded allowances in the spotlight. If your salary is ₹15,000 or less, rejoice! More savings, more security. But what if you earn more? Fear not-the impact isn't seismic. Yet. And don't forget gratuity-it's like a golden handshake, whether you're under the old code or the new. So, join us on this financial adventure as we decode the New Wage Code, demystify EPF, and sprinkle in some retirement wisdom. Hit that subscribe button for more financial insights! 🌟🎥
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00:00:00 Setting the Stage
00:00:56 The 50% Rule
00:01:56 The EPF Magic
00:02:54 The New Definition
00:03:48 ₹15,000 or Less
00:04:42 Above ₹15,000
00:05:34 Grasping Gratuity
00:06:30 Wrapping Up
New Wage Code, EPF, Provident Fund, Basic Salary, Allowances, Gratuity, Financial Reforms, Employee Benefits, Salary Structure, Employment Laws, India, CTC, Retirement Savings
#newwagecode #EPFOExplained #employeebenefits #FinancialReforms #salarystructure #gratuity #IndiaEmploymentLaws
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Wage Code Battle: The Truth Revealed
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