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Payment of wages act 1936
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OBJECTIVE : 1. To Provide for fixing minimum rates of wages in certain employments. 2. The provision of the act are intended to achieve the object of doing social justice to the worker employed in the scheduled employment by prescribing minimum rate of wages for them. 3. To achieve to prevent exploitation of labour & for that purpose the authorities under the act have been empowered to take step to prescribe minimum rate of wages in the scheduled industries. MINIMUM RATE OF WAGE: The minimum rates of wages may be fixed for different scheduled employments, different classes of work, in the same scheduled employments, adults, adolescents, children & apprentices & for different localities. The Act is being implemented by the Central & State Government , & such as both are empowered to frame rules. Minimum rate of the wages fixed or revised consists of the following:- a basic rate of wages & a special allowance i.e. cost of living allowance; a basic rate of wages with or without cost of living allowance & cash value of supplies of essential commodities; an all inclusive rate, i.e. basic rate, cost of living allowance & cash value of concessions. The Government may fix the minimum rates of wages either by the hour, day, month or by such large wage-period as may be prescribed which may be revised at intervals & reviewed, if felt necessary. The employer must pay every employee wages so fixed as notified by the Government.
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OBJECTIVE : 1. To Provide for fixing minimum rates of wages in certain employments. 2. The provision of the act are intended to achieve the object of doing social justice to the worker employed in the scheduled employment by prescribing minimum rate of wages for them. 3. To achieve to prevent exploitation of labour & for that purpose the authorities under the act have been empowered to take step to prescribe minimum rate of wages in the scheduled industries. MINIMUM RATE OF WAGE: The minimum rates of wages may be fixed for different scheduled employments, different classes of work, in the same scheduled employments, adults, adolescents, children & apprentices & for different localities. The Act is being implemented by the Central & State Government , & such as both are empowered to frame rules. Minimum rate of the wages fixed or revised consists of the following:- a basic rate of wages & a special allowance i.e. cost of living allowance; a basic rate of wages with or without cost of living allowance & cash value of supplies of essential commodities; an all inclusive rate, i.e. basic rate, cost of living allowance & cash value of concessions. The Government may fix the minimum rates of wages either by the hour, day, month or by such large wage-period as may be prescribed which may be revised at intervals & reviewed, if felt necessary. The employer must pay every employee wages so fixed as notified by the Government.
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Useful for Law students, MBA- HR students, CS Students, Employees , Employer. I have also mentioned a list of forms generally used during gratuity. Every body should be aware of do's and don't. Knowledge of your rights makes you powerful. Application of the Act When gratuity is payable Amount of gratuity payable Forfeiture of gratuity Obligations and rights of the employer Compliance under the Act reference: http://blog.simplycareer.net/2013/06/gratuityact.html I have also refereed other sites and text books.
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