GOOD NEWS!!!!!!

mahak's picture

Finance minister P. Chidambaram has approved a Bill which comes into effect
on 01.04.2009 and it states that all Privately Held companies need to give
a minimum salary increment of 15% to all employees every six months.

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.