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The Modi govt is likely to implement 4 new labour codes soon. These will subsume 29 central labour regulations, aim to consolidate and simplify complex labour legislations.
A testimony to that fact is a recent budget provision which imposes a tax on a high provident fund contribution, which would be done only by the high salaries individual.
You've opened Twitter or any of the pink papers or TV channels and stuff like 'Bond yields cross 7%' and RBI's action dominate the headlines.
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