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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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Your in-hand salary may not change under the new labour code yet, know why

Salaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI coverage are changing, the full impact on in-hand salary, particularly PF contributions, is pending. Employers are strategizing transitions, with changes often linked to annual reviews rather than immediate pay slips.

8 May 2026 10:42 am