# Take-home salary may reduce from April 2021 due to Wage Code Act 2021? **URL:** \ **Category:** Statutory Compliance\ **Tags:** wage-code, wages-act-2021\ **Created:** [December 16, 2020, 10:19am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521 "2020-12-16T10:19:31Z")\ **Posts on this page:** 15\ **Page:** 1
**Author:** ![A984SCE](https://avatars.discourse-cdn.com/v4/letter/a/e19b73/32.png) [@A984SCE](https://community.greythr.com/u/A984SCE)\ **Post date:** [December 16, 2020, 10:19am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/1 "2020-12-16T10:19:31Z")
Hello All, On the above subject matter, is it a confirmed news that this wage rule will be effective from 1st April 2021. Any thoughts on what the India Inc will be doing since this will increase the costs. Appreciate any input. ---
**Author:** ![Arpana](https://avatars.discourse-cdn.com/v4/letter/a/53a042/32.png) [@Arpana](https://community.greythr.com/u/Arpana)\ **Post date:** [December 16, 2020, 10:40am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/2 "2020-12-16T10:40:20Z")
Hi, Yes you are right our take home salary will reduce due to code of wages. Restructuring the salary will increase the impact on social securities which is good. PF , Gratuity and Statutory Bonus will have huge impact on it. Waiting for others to share their ideas on it. Regards Arpana ---
**Author:** ![VallariD](https://avatars.discourse-cdn.com/v4/letter/v/8491ac/32.png) [@VallariD](https://community.greythr.com/u/VallariD)\ **Post date:** [December 16, 2020, 11:08am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/3 "2020-12-16T11:08:35Z")
Hi, I was wondering if there is any clarity on the PF basic being restricted to Rs. 15000/-. Once the new wage rules come in place will the employer still be able to restrict PF basic to Rs. 15000/-? Regards Vallari ---
**Author:** ![shefalipatil](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/shefalipatil/32/224_2.png) [@shefalipatil](https://community.greythr.com/u/shefalipatil)\ **Post date:** [December 16, 2020, 3:27pm UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/4 "2020-12-16T15:27:08Z")
Under new wage rule, would the Employer’s minimum PF contribution of 12% of Rs. 15,000 be still applicable or there is any change in the rule? ---
**Author:** ![Arpana](https://avatars.discourse-cdn.com/v4/letter/a/53a042/32.png) [@Arpana](https://community.greythr.com/u/Arpana)\ **Post date:** [December 16, 2020, 6:17pm UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/5 "2020-12-16T18:17:38Z")
Hi Shefali and Vallari, There are many points which are not clear under The new code of wages. About your queries will soon reply . THanks ---
**Author:** ![Dinesh](https://avatars.discourse-cdn.com/v4/letter/d/a8b319/32.png) [@Dinesh](https://community.greythr.com/u/Dinesh)\ **Post date:** [December 17, 2020, 4:20am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/6 "2020-12-17T04:20:44Z")
Hi @shefalipatil As of now there are no changes in these. Except the major rule saying Basic should be 50% for sure. So as @Arpana said we may have to wait and see. But it’s better to start your work on restructuring employees salary components and keep it ready. ---
**Author:** ![Dinesh](https://avatars.discourse-cdn.com/v4/letter/d/a8b319/32.png) [@Dinesh](https://community.greythr.com/u/Dinesh)\ **Post date:** [December 17, 2020, 4:22am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/7 "2020-12-17T04:22:06Z")
I don’t think so they will make changes in this at this moment @VallariD. But not sure, suddenly it might trigger too. But for now I suggest let’s create a rough salary structure and keep it ready as per the new rule, rather than last minute huddle. ---
**Author:** ![Sathish\_J08](https://avatars.discourse-cdn.com/v4/letter/s/35a633/32.png) [@Sathish\_J08](https://community.greythr.com/u/Sathish_J08)\ **Post date:** [December 31, 2020, 5:28am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/8 "2020-12-31T05:28:14Z")
Dear Community, I am also looking for inputs on this subject along with reference documents / links. ---
**Author:** ![Sreeja](https://avatars.discourse-cdn.com/v4/letter/s/e274bd/32.png) [@Sreeja](https://community.greythr.com/u/Sreeja)\ **Post date:** [February 3, 2021, 10:37am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/9 "2021-02-03T10:37:01Z")
Hello Everyone, We are also looking for the updates on new wage code from 1st Apr 21. ---
**Author:** ![Dinesh](https://avatars.discourse-cdn.com/v4/letter/d/a8b319/32.png) [@Dinesh](https://community.greythr.com/u/Dinesh)\ **Post date:** [February 4, 2021, 2:24am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/10 "2021-02-04T02:24:39Z")
Hi @Sreeja We will definitely give you an update shortly in the form of Expert Series Sessions as well as bring in an expert to answer all your queries. ---
**Author:** ![Chethanbn](https://avatars.discourse-cdn.com/v4/letter/c/c5a1d2/32.png) [@Chethanbn](https://community.greythr.com/u/Chethanbn)\ **Post date:** [March 31, 2021, 8:37am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/11 "2021-03-31T08:37:24Z")
New wage code deferred: Your take-home pay, PF outgo, and salary structure remain the same for now Read more at: > **[New wage code deferred: Your take-home pay, PF outgo and salary structure...](https://economictimes.indiatimes.com/jobs/your-take-home-pay-pf-outgo-and-entire-salary-structure-will-change-from-tomorrow/articleshow/81772846.cms?from=mdr)** > > Staffing companies and HR professionals say that the new salary regime will cause changes to most pay structures in the country. Currently, for an overwhelming number of employers, the basic pay component is significantly lower than 50%. ---
**Author:** ![Shwetagrover](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/shwetagrover/32/1202_2.png) [@Shwetagrover](https://community.greythr.com/u/Shwetagrover)\ **Post date:** [May 25, 2021, 10:09am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/12 "2021-05-25T10:09:21Z")
Hi, is there any update on this or remain deferred only? ---
**Author:** ![Dinesh](https://avatars.discourse-cdn.com/v4/letter/d/a8b319/32.png) [@Dinesh](https://community.greythr.com/u/Dinesh)\ **Post date:** [May 26, 2021, 7:30am UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/13 "2021-05-26T07:30:15Z")
I think only post-pandemic there will be some updates on this. ---
**Author:** ![aakashbhasin](https://avatars.discourse-cdn.com/v4/letter/a/9fc29f/32.png) [@aakashbhasin](https://community.greythr.com/u/aakashbhasin)\ **Post date:** [June 6, 2021, 3:38pm UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/14 "2021-06-06T15:38:38Z")
Looks like wage code implementation is back in discussion and to be implemented from July 2021: [Labour Codes On The Cards: Companies' PF Liability To Go Up, Workers To See Reduction In Take-home Pay](https://www.moneycontrol.com/news/business/labour-codes-on-the-cards-companies-pf-liability-to-go-up-workers-to-see-reduction-in-take-home-pay-6993831.html) ---
**Author:** ![Babu](https://sea2.discourse-cdn.com/flex024/user_avatar/community.greythr.com/babu/32/1341_2.png) [@Babu](https://community.greythr.com/u/Babu)\ **Post date:** [June 6, 2021, 3:46pm UTC](https://community.greythr.com/t/take-home-salary-may-reduce-from-april-2021-due-to-wage-code-act-2021/1521/15 "2021-06-06T15:46:28Z")
Yeah I think so. Just read some articles related to this.