Mandatory 2% Salary Increment and Casual Leave Update in Hyderabad, India - CiteHR

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Do all companies need to provide a 2% salary increment to employees next month as per the latest bill passed due to the rupee value hike? Has Finance Minister P. Chidambaram approved this, effective from 1st November 2007? Additionally, does the bill state that HR employees should receive 15 days of casual leave annually?
From India, Hyderabad
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