On January 10, 2024, the State of Karnataka brought into effect a law that now requires the employers having establishments in Karnataka to compulsorily obtain an insurance policy to cover their liabi...
Published On: 22/05/2020
Practice Area: Government & Regulatory, Employment Law
Authors:
Avik Biswas
Sowmya Kumar
With a view to provide relief to employers and increase the take-home salary for employees, both employer and employee contribution rates have been reduced from 12% to 10% for the months of May, June, and July of 2020 INDUSLAW's Avik Biswas, Sowmya Kumarand Ankit Dutta summarize the amendment.
