Dear Seniors,
I want to know that what compliance we need to adhere under Minimum wage act. Like what type of returns we need to submit under MW Act.
Please share the pratical knowledge about MW Act.
Thanks
Anisha
From India, Delhi
11I want to know that what compliance we need to adhere under Minimum wage act. Like what type of returns we need to submit under MW Act.
Please share the pratical knowledge about MW Act.
Thanks
Anisha
From India, Delhi
Dear Seniors,
I want to know that what compliance we need to adhere under Minimum wage act. Like what type of returns we need to submit under MW Act.
Please share the practical knowledge about MW Act.
Thanks
Anisha
From India, Delhi
I want to know that what compliance we need to adhere under Minimum wage act. Like what type of returns we need to submit under MW Act.
Please share the practical knowledge about MW Act.
Thanks
Anisha
From India, Delhi
Dear Anish, Minimum wages act insures that labours will get wages as prescribed by government time to time. Under MWA you have to file an annual return in Form-III on or before 1st Feb. Thanks
From India
From India
Which state are you in ?
In maharashtra, there is no requirement for returns under minimum wages act.
The requirements are now combined with Factory Act returns
But other states will have other requirements.
YOu will need to read the minimum wages rules of your state and check
In terms of actual compliance, you need to ensure that you are paying your workers salary / wages (Basic Plus DA) above the minimum wages. These are revised every 6 months, so you need to keep track of when the revision has taken place and update your salary structure to remain compliant.
From India, Mumbai
In maharashtra, there is no requirement for returns under minimum wages act.
The requirements are now combined with Factory Act returns
But other states will have other requirements.
YOu will need to read the minimum wages rules of your state and check
In terms of actual compliance, you need to ensure that you are paying your workers salary / wages (Basic Plus DA) above the minimum wages. These are revised every 6 months, so you need to keep track of when the revision has taken place and update your salary structure to remain compliant.
From India, Mumbai
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Minimum Wage of UP & UK.pdf