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Latest Minimum Wages
Minimum wages have been defined as “the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract”
“Wages” means all remuneration, capable of being expressed in terms of. Money, which would, if the terms of the contract of employment, express or. Implied, were fulfilled, be payable to a person employed in respect of his. Employment or of work done in such employment, [7] [and includes house.
FIXATION RATE OF MINIMUM WAGES
- The appropriate Government shall, in the manner hereinafter provided,-
- fix the minimum rates of wages payable to employees employed in an employment specified in Part I or Part II of the Schedule and in an employment added to either Part by notification under section 27: Provided that the appropriate Government may, in respect of employees employed in an employment specified in Part II of the Schedule, instead of fixing minimum rates of wages under this clause for the whole State, fix such rates for a part of the State or for any specified class or classes of such employment in the whole State or part thereof.
MINIMUM WAGES IN INDIA
The states which impose minimum wages in India are listed below: (Click on the state name for more details)
CONSEQUENCES OF NON-COMPLIANCES
Under-payment and non-payment of Minimum Wage are deemed an offence under the Central Act. The penalty may range from up to 5 years imprisonment and a fine of INR 10,000 (under Section 22 of the Act).