يحاول ذهب - حر
How new labour codes impact your gratuity, PF
November 24, 2025
|Mint Mumbai
The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.
Mint explains who benefits and what happens to take-home salaries:
What is the new definition of wages?
Under the four new labour codes, definition of 'wages' is standardised to include basic pay, dearness allowance and all other retaining allowances in the CTC that are not specifically exempted. Exclusions include HRA, conveyance allowance, employer PF contributions and commission, as per The Code On Wages, 2019. But together they cannot exceed 50% of total remuneration. This means at least half of an employee's CTC is treated as wages for calculating gratuity, PF, ESIC, maternity benefits and other social security entitlements, expanding the base for contributions and benefits significantly.
Will gratuity, PF increase?
هذه القصة من طبعة November 24, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Mumbai
Mint Mumbai
SAT partly allows Kotak AMC appeal in Essel FMP case
The Securities Appellate Tribunal (SAT) on Friday partly allowed an appeal by Kotak Mahindra Asset Management Co. against a 2021 order by the Securities and Exchange Board of India (Sebi), setting aside the regulator’s order to disgorge management and advisory fees linked to the investments made through six fixed maturity plans (FMPs).
1 mins
March 07, 2026
Mint Mumbai
Reforms aid growth, but long war may hurt: Govt
Recent trade deals and reforms momentum raise growth prospects: Finmin review
3 mins
March 07, 2026
Mint Mumbai
Street has worst week in 14 months as war takes toll
The Indian stock markets slumped to their weakest weekly performance in 14 months, after conflict erupted in the Middle East between the US, Israel and Iran on 28 February.
2 mins
March 07, 2026
Mint Mumbai
ARIJIT EXITS. WHAT NEXT?
Arijit Singh was the one sure bet in a stagnating Hindi film music scene. Will his retirement from playback singing deepen the creative crisis? Or could it force the industry to find new solutions?
20 mins
March 07, 2026
Mint Mumbai
As AI rocks tech boat, ER&D may promise an island of calm
Amid the tempest of AI rocking the technology world, a niche segment maybe emerging as an island of calm.
3 mins
March 07, 2026
Mint Mumbai
Banks freak out as crypto fans eye stablecoins as savings option
Wendy Owuso keeps about a quarter of her cash in stable-coins, earning a yield of about 5%.
3 mins
March 07, 2026
Mint Mumbai
Worries over water rise as western disturbances pale
For millions of years, moist winds from the Mediterranean have blown over the Indian highlands, watering winter crops, topping up Himalayan snow, and feeding millions in the subcontinent.
1 mins
March 07, 2026
Mint Mumbai
Karnataka’s social media ban for kids draws scepticism
Industry stakeholders and policy experts have reacted with scepticism over Karnataka’s proposal to ban social media use for youngsters under 16 years of age, questioning both the legality and the practicality of enforcing such a restriction in one state of India.
2 mins
March 07, 2026
Mint Mumbai
Listening for the next voice
Until my colleague Uday Bhatia sent me a list of lesser hits and insisted I listen to them, I'd found Arijit Singh somewhat formulaic, too much guitar, too much weepy heartbreak.
1 mins
March 07, 2026
Mint Mumbai
The rise of the queer male heartthrob
Female-led fandoms are turning queer romance into mainstream gold, and once-homophobic Hollywood is following the money
5 mins
March 07, 2026
Listen
Translate
Change font size