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Since the new labour codes were announced in November, many employees have expressed concerns that their take-home pay may fall as the basic salary rises to 50 percent of CTC and allowances are reduced. However, according to a recent update from the labour ministry employees whose Provident Fund deductions are based on the statutory wage ceiling of Rs 15,000 will not have a reduction in their take-home salary. The labour ministry particularly refers to employees who contribute Rs 1,800 per month to their PF which is 12 percent of Rs 15,000. 2 / 7

The Labour Ministry said in a post on X on Wednesday that the new Labour Codes will not lower take-home pay if PF deduction is on the statutory wage cap. "The new Labour Codes do not reduce take-home pay if PF deduction is on the sta

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