Code on Social Security, 2020
Universal social security compliance covering gratuity, gig worker welfare and coverage for all worker categories.
- Pro-Rata Gratuity for Fixed-Term Workers (Section 53): the 5-year rule is removed
- Gig Worker Welfare Funding (Section 114): aggregator contribution of 1-2% of turnover
- Covers Employees, Contract Workers, Gig & Platform Workers, Self Employed and Unorganized Workers
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