New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts.

Will your take-home salary change under the new labour codes, and what will higher variable pay mean for your PF and gratuity in the long run? Let’s understand.

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Employees whose monthly PF contribution is Rs 1,800, calculated as 12 per cent of Rs 15,000, will see no change in take-home ...

New labour codes will not reduce take-home pay for employees whose Provident Fund deduction is on the statutory wage ceiling ...

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Labour Ministry confirms new labour codes won't decrease take-home pay; PF deductions remain based on ₹15,000 wage ceiling.

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There has been concern that the new labour codes will reduce take-home salary due to higher PF calculations. However, the ...

The new Labour Codes do not reduce take-home pay if PF deduction is on statutory wage ceiling. PF deductions remain based on ...

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Under the new framework, social security-linked contributions such as statutory PF, NPS contributions (where applicable), ...