Oct 01, 2017

Code on Wages

As part of the Government’s exercise to reform labour laws and rationalize 38 existing legislations by framing four labour codes, namely: (i) the Code on Wages; (ii) Code on Industrial Relations; (iii) Code on Social Security; and (iv) Code on Occupational Safety, Health and Working Conditions; the Code on Wages Bill, 2017 (‘Bill’) has been introduced in the Lok Sabha on August 10, 2017. The Bill seeks to create a comprehensive code on wages by consolidating: (i) the Minimum Wages Act, 1948; (ii) the Payment of Wages Act, 1936 (‘POW Act’); (iii) the Payment of Bonus Act, 1965; and (iv) the Equal Remuneration Act, 1976.

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