{"id":149243,"date":"2025-11-23T06:28:11","date_gmt":"2025-11-23T06:28:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/149243\/"},"modified":"2025-11-23T06:28:11","modified_gmt":"2025-11-23T06:28:11","slug":"the-wage-math-explained-pf-contributions-may-go-up-dent-take-home-pay","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/149243\/","title":{"rendered":"The wage math explained: PF contributions may go up, dent take-home pay"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/11\/125501345.jpg\" alt=\"\"\/>ET BureauUpdated: Nov 22, 2025, 18:23 IST IST<\/p>\n<p>The new Code on Wages mandates basic salary to be at least 50% of total CTC, increasing provident fund and gratuity contributions. Experts say move would boost social security, but hit monthly pay packets<\/p>\n<p>Provident fund (PF) and gratuity contributions are expected to increase with the Code on Wages mandating that the basic salary of employees must be at least 50% of their total cost-to-company (CTC) or the percentage notified by the government.<\/p>\n","protected":false},"excerpt":{"rendered":"ET BureauUpdated: Nov 22, 2025, 18:23 IST IST The new Code on Wages mandates basic salary to be&hellip;\n","protected":false},"author":2,"featured_media":149244,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[99796,138,99794,99797,246,111,139,69,244,245,99798,99795],"class_list":{"0":"post-149243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-basic-salary-regulations","9":"tag-business","10":"tag-code-on-wages","11":"tag-employee-retirement-savings","12":"tag-finance","13":"tag-new-zealand","14":"tag-newzealand","15":"tag-nz","16":"tag-personal-finance","17":"tag-personalfinance","18":"tag-provident-fund-contribution-increase","19":"tag-wage-math-pf-contributions"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/149243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=149243"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/149243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/149244"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=149243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=149243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=149243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}