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Why salaried employees may pay more tax under new labour codes?
short by Mansi Agarwal / on Wednesday, 15 April, 2026
Revised salary structures under the new labour codes could lead to higher taxes for salaried employees. With basic pay required to be at least 50% of total compensation, contributions to the provident fund and gratuity may rise, reducing take-home pay and limiting tax-saving allowances. The shift could particularly affect mid- and senior-level employees, Livemint reported.
read more at Livemint