New Delhi: The Ministry of Labour & Employment has reassured employees that their take-home salary will not decrease under the new Labour Codes, easing widespread concerns. In a fresh clarification, the ministry explained that there will be no impact on take-home pay as long as PF deductions are calculated on the statutory wage ceiling.

The Labour Ministry clarified on X (formerly Twitter) that employees’ take-home pay will not be affected under the new Labour Codes. “The new Labour Codes do not reduce take-home pay if PF deduction is on the statutory wage ceiling. PF deductions remain based on the wage ceiling of Rs 15,000, and contributions beyond this limit are voluntary, not mandatory,” the ministry stated.

No Change in PF for Most Employees Under the New Rules

Employees who curren

See Full Page