New Labour Codes Explained: Will Your Salary Drop? Here’s What Govt Says

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 change in their take-home salary. For those whose basic salary is below Rs 15,000, PF deductions may rise slightly if their basic pay increases, but only up to the Rs 15,000 ceiling.