2024 Cost Of Living Increase For Employees

2024 Cost Of Living Increase For Employees. For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000. However, there has been continuous demand to increase this limit, as the.


2024 Cost Of Living Increase For Employees

Ucea has outlined that the offer has a cost of 2.5% on the sector pay bill in 2024/25, an ongoing cost of 3% from 2025/26 onwards and that this level of offer is at. Employers plan to raise compensation budgets in 2024 by 3.5% for merit increases and 3.9% for total.

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