New labour codes may raise PF contributions, but companies can use smart salary structuring to protect take-home pay

Employers who proactively redesign compensation using a mix of statutory compliance and tax-efficient components will be ...
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Social security, reimagined: How the new labour code reshapes PF and worker rights

The recently released labour codes have revived a familiar debate. Some hail them as revolutionary; others see them as consolidatory. But almost all converge on one concern: Code on Social Security ...
Zee Business

Labour Codes 50% Wage Rule Explained: Key changes you can expect in salary, PF, gratuity when fully implemented

Labour Codes propose a 50 per cent wage rule that would impact salary structure, PF contributions and gratuity when fully implemented with final rules. Representational Image Labour Codes 50% Wage ...
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New Labour Code: What is the full story behind the 50% basic pay rule? Here is the impact—from in-hand salary to PF contributions.

The long-awaited labor reforms have now begun to show a clear impact on employees' salaries. Following the implementation of the new wage definition, companies are restructuring their salary ...