Fw: Fwd: Good News For All Private Comp employees

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Mar 16, 2012, 4:03:02 AM3/16/12
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From: Unmesh sonawane <unmesh....@gmail.com>
Date: Fri, 16 Mar 2012 13:10:02 +0530
Subject: Fwd: Good News For All Private Comp employees


Hi All,

Guys.........good news........cheers.........



Union Finance minister Mr Pranab Mukherjee, Chidambaram has approved a Bill which comes into effect on 01.04.2012  and it states that all Privately Held companies need to give a minimum salary increment of 15% to all employees every year.


This comes as a relief to petitioners appealing against the growing work hours in the Privately Held organizations and which do not have a proper system to check overtime. The bill also mentions that all employees be provided 20 days of casual leave every year.


Please see the attached document for the details of the Bill passed in the first round of implementation.


And the name of our company features in the list, kindly circulates this mail among your colleague.

 
 


Regards, 
Unmesh

 

Bill Details.zip
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