Due to the change in the definition of wages, and also the fact that social security elements like the provident fund have now been secured as a percentage of ‘wages’, there will be a change in the total payouts. Experts say that the provident fund of the employees will be deducted more. Hence, the take-home salary will be less, but the future of the employees will be secured. Depending upon the employment letters and the salary breakup of the current employees, the take-home salary will be significantly affected. Even the TDS Calculations based on the revisions in the take-home will be seriously considered by the employers.