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How Will New Wage Code Affect Your Take-Home Salary and Its Connection With India’s Fiscal Deficit

2020 has been a year where we saw massive job losses, pay cut and rising unemployment. As a result, people decided to cut down on spending and focus more on savings. On the other hand, you might have heard the term that there is no liquidity in the market. That means there is not much cash in the market.
While, as I said, in 2020 the majority of the people saw an impact on their pockets, 2021 could take this impact a step further as far as cash in hand is concerned. Why and How we will explain in this video today in detail but before beginning let me make it clear that whatever we are going to discuss today can be looked at from two perspectives and both the perspective we will discuss in detail.

#WageCode #BasicSalary #CTC #FiscalDefcit #TakeHomeSalary #ProvidentFund #PMModi #NirmalaSitharaman

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