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Very important Budget Update!
Very important information that all of you should know!
All companies need to give a minimum of 20% salary increment to all employees every six months as per latest bill passed. Finance minister Mr.P.Chidambaram has approved and it comes to immediate effect from 1st April 2008, which is after the financial period (March month).
This comes as a relief to petitioners appealing against the growing work hours in the Indian industry without a proper system to check overtime. The bill also mentions that all employees be provided 20 days of casual leave every year.
Please pass on this Message to as many Working Professionals as you can.
The picture give below represents this latest Budget Report!
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