Under the new labour codes, an employee’s Provident Fund (PF) amount will increase. The basic salary of an employee will at least be 50 per cent of their gross (overall) monthly salary. This will lead to an increase in the PF contribution made by employees and their employers. This will benefit the retirement plans and gratuity amount of the employee. Hence, the employees will also be able to have a considerable amount of their take-home salary. It might also see a reduction for some.