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What is Key Features of Payment of Wages Act 1936 about?

The Payment of Wages Act, 1936 applies to workers in factories and other establishments and ensures timely payment of wages without unauthorized deductions. Salaries must be paid by the 7th of the month if the establishment has less than 1000 workers, or by the 10th if more. The Act prohibits all deductions except those authorized, such as fines up to 3% of wages if proper procedures are followed. Wages must be paid in cash but can be paid by cheque or bank transfer with written authorization.

Author

saketh

Language

EN