Hi, can anyone tell me, what is the difference between payment of wage act and minimut wage act. Thanks
From India, Delhi
From India, Delhi
The Minimum Wages Act is an Act to enforce minimum rates of wages in different scheduled industries. This Act empowers the state government to fix minimum rates of wages to employees employed in different industries. This Act makes it obligatory on the part of employers to pay at least the minimum rates of wages as fixed by the government.
The Payment of Wages Act is an Act to regulate payment of wages by fixing wage periods, modes of payment of wages and restricting the deductions from wages. As such, an employer has to fix wage period and in no case it should not exceed one month. Similarly, the employer has to pay wages in currency notes and not in kind. The Act also gives a list of permissible deductions and any deduction which is not provided in the Act will be deemed wrongful deduction.
Regards,
Madhu.T.K
From India, Kannur
4249The Payment of Wages Act is an Act to regulate payment of wages by fixing wage periods, modes of payment of wages and restricting the deductions from wages. As such, an employer has to fix wage period and in no case it should not exceed one month. Similarly, the employer has to pay wages in currency notes and not in kind. The Act also gives a list of permissible deductions and any deduction which is not provided in the Act will be deemed wrongful deduction.
Regards,
Madhu.T.K
From India, Kannur
Dear Madhu Sir,
Please let me know why the "Register of Fines", "Register of Deduction for Damages & Loss" is maintained Under MW Act. What is the purpose of these registers under MW Act. As par as Payment of Wages Act is concerned the purpose of maintaining the register is understood but I am confused what is the use of these register under MW act.
Please clarify
Thanks
Dinesh Kumar
From India, New Delhi
Please let me know why the "Register of Fines", "Register of Deduction for Damages & Loss" is maintained Under MW Act. What is the purpose of these registers under MW Act. As par as Payment of Wages Act is concerned the purpose of maintaining the register is understood but I am confused what is the use of these register under MW act.
Please clarify
Thanks
Dinesh Kumar
From India, New Delhi
Minimum Wages Act is applicable to scheduled employment. In the similar way the Payment of Wages Act is also applicable to such employment which are notified by the appropriate govt. from time to time. At the same time, as per section 22 F of the Minimum Wages Act, once a particular industry/ work is included in the schedule, the said employment will become covered by the provisions of the Payment of Wages Act also.
If both the Acts have the same kind of registers to be maintained, you need to maintain only one register. In almost all Labour Acts we can see the requirement of attendance register. This does not mean that we should keep more than one attendance register.
Madhu.T.K
From India, Kannur
If both the Acts have the same kind of registers to be maintained, you need to maintain only one register. In almost all Labour Acts we can see the requirement of attendance register. This does not mean that we should keep more than one attendance register.
Madhu.T.K
From India, Kannur
Thanks Madhu Sir your your quick response.
But Sir, I think you take me wrong, My query is that why to maintain fine register under MW Act. What is the purpose that we have to maintain this register under MW Act as MW act is intended to give the minimum wage fixed by the government. What purpose does this register serve under MW Act. If we impose fine then how it is related to minimum wages.
Regards
Dinesh Kumar
From India, New Delhi
But Sir, I think you take me wrong, My query is that why to maintain fine register under MW Act. What is the purpose that we have to maintain this register under MW Act as MW act is intended to give the minimum wage fixed by the government. What purpose does this register serve under MW Act. If we impose fine then how it is related to minimum wages.
Regards
Dinesh Kumar
From India, New Delhi
Under the Central Rules, there is no such register of Fines, I understand. However, the same is there under some State Rules. The objective of the same is not known to me also because Minimum Wages Rules should not have anything to deal with collection of fines which is a subject of Payment of Wages Act. However, as already said, you need to follow either of these and can maintain only one format of the register.
Madhu.T.K
From India, Kannur
Madhu.T.K
From India, Kannur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
ESI Rule 52-Amended-Aver age Wage Limit Increased For Certain Cases Under Exemption From Payment .pdf