Tax & ComplianceLiveMint — Money
August 31 is here: Still confused about your salary? Why take-home pay is lower despite same CTC under new Labour Law
29 Aug 2026 · 29 Aug 2026
If the collective total of specified excluded pay items exceeds 50% of an employee’s total compensation, any amount over that 50% mark will automatically be reclassified and treated as wages
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