New labour code impact.jpg

Explained: How new labour laws could hit your take-home salary, increase your provident fund & gratuity contributions

Currently, PF contributions are set at 12% of the basic salary. (AI image) New labour codes 2025: The government has notified new labour laws that may require companies to ensure basic salary makes up at least 50% of the total cost-to-company (CTC), potentially prompting changes in how pay packets are structured. As a result, for…

Read More
1758546992 unnamed file.jpg

US social security 2026: COLA rises slightly; what does this mean for retirees’ take-home pay?

Disabled and low-income Americans are facing increasing obstacles in accessing Social Security benefits, a report scheduled for release next month finds. Advocates warn that changes under the Trump administration–including staff reductions, updated phone systems, and policy tweaks–have made high-touch support harder to obtain, raising risks of food insecurity, housing instability, and mental health crises.The research,…

Read More