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 ...
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 ...
Under the new framework, social security-linked contributions such as statutory PF, NPS contributions (where applicable), ...
Labour Ministry clarifies that PF contributions above ₹15,000 are voluntary under the new Code on Social Security.
There has been concern that the new labour codes will reduce take-home salary due to higher PF calculations. However, the ...
Many salaried workers had feared that their net monthly income would reduce because the new codes require basic pay and ...
The centre has clarified that the recently introduced Labour Codes will not impact take-home remunerartion given that PF ...
Labour Ministry confirms new labour codes won't decrease take-home pay; PF deductions remain based on ₹15,000 wage ceiling.
Interest Rates Likely to Rise Soon! Provident Fund (PF) subscribers may soon receive some exciting news. The Employee ...