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

A visible exception in the latest reform story is that the Employees’ Provident Funds and Miscellaneous Provisions Act (EPF ...

The Labour Ministry has confirmed that employees whose PF is calculated on the Rs 15,000 statutory wage ceiling will see no ...

Employees who currently contribute Rs 1,800 to PF, which is 12 per cent of the Rs 15,000 statutory wage limit will notice no ...

The centre has clarified that the recently introduced Labour Codes will not impact take-home remunerartion given that PF ...

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

Labour Ministry clarifies that PF contributions above ₹15,000 are voluntary under the new Code on Social Security.

Many salaried workers had feared that their net monthly income would reduce because the new codes require basic pay and ...

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

India’s new labour codes are set to overhaul salaries, PF contributions, work hours, leave rules, and social security coverage for employees and gig workers. From a 50% basic-pay structure to a ...

The new labour codes may shrink your take-home salary, but they quietly boost your tax-efficient retirement savings. With basic pay now required to be at least 50% of CTC, employees automatically see ...