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How new labour codes impact your gratuity, PF
Mint Mumbai
|November 24, 2025
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?
यह कहानी Mint Mumbai के November 24, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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