Industry behemoths like Wipro, Saint-Gobain India, Bharti Airtel, Alstom, Biocon, Tata Consultancy Services (TCS) and Future Retail are some of the companies who have signed a petition along with recruitment consultant TeamLease Services, urging the government to tweak its 'salary confiscation' regime and allow employees to choose how their salary is paid and contributions invested.
"The 'salary in hand' is the clinching factor for any entry-level migratory worker and with almost one-third of the work force falling under this category, rationalizing statutory deductions becomes crucial for corporates to keep their expansion plans going," said Aditya Narayan Mishra, president of staffing at Randstad India.
https://timesofindia.indiatimes.com/business/india-business/Petition-urges-employee-choice-in-salary-structure/articleshow/45784549.cms