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The government is considering significant adjustments to the new labour codes to ensure that the take home salary of employees does not decrease upon implementation particularly concerning the Provident Fund deductions Reports indicate that the Ministry of Labour is exploring options to make the employees contribution to the Provident Fund voluntary or flexible rather than mandatory This move aims to counter the impact of the new wage definition which mandates that the basic salary must be at least 50 percent of the total cost to company normally resulting in higher PF deductions and lower cash in hand under the current rules While the employers contribution to the social security fund will remain mandatory the proposed flexibility would allow workers to decide how much they wish to contribute thereby maintaining their monthly liquidity This step is being considered to provide relief to salaried professionals who were concerned about a reduction in their monthly income once the new wage code comes into effect across the country


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New Labour Codes Provident Fund take home pay Salary Structure optional contribution Ministry of Labour social security wage definition in hand salary employment rules नए लेबर कोड वेतन टेक होम सैलरी भविष्य निधि पीएफ योगदान श्रम मंत्रालय केंद्र सरकार कर्मचारी नियोक्ता स्वैच्छिक विकल्प आर्थिक सुधार वेतन ढांचा बेसिक सैलरी सामाजिक सुरक्षा नकदी प्रवाह नौकरी पेशा वित्त मंत्रालय ईपीएफओ निवेश बचत श्रम कानून वेतन नियम संगठित क्षेत्र रिटायरमेंट फंड पेंशन योजना सरकारी अधिसूचना अर्थशास्त्र वित्तीय नियोजन मासिक आय वेतन कटौती महंगाई भत्ता सीटीसी कंपनी नियम कामगार रोजगार बीमा ग्रेच्युटी बोनस न्यूनतम वेतन मानव संसाधन पे स्लिप बैंक खाता कर कटौती वित्तीय वर्ष बजट निजी क्षेत्र सरकारी कर्मचारी श्रम सुधार पॉलिसी वेतन वृद्धि