Is PF Rate going to decrease with new wage code?

Hi Community,

Is PF rate going to decrease with new wage code?

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New wage code deferred: Your take-home pay, PF outgo and salary structure remain same for now

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Hi @Anushri

For now there will not be any changes, until states come up with a draft.

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The rate is not going to change. The salary splits may, with which the contribution may get affected.

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