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The Tax Publishers Minimum Wages under The Code on Wages, 2017 : Benchmark Set Forth P. Narayanan The Code on Wages, 2017 has been drafted to fix the standard minimum rates of wages and seeks to integrate all labour laws relating to payroll in Indian industries. It is yet to be finalised by both the houses of Parliament. The learned author discusses Chapter II of the Code that deals with the provisions relating to minimum wages. 1. Background As the growth is achieved by the Indian industries, problems relating to payment of minimum wages to workers employed in time, working conditions, social security, etc. being growing dreadfully. To curb the huge exploitation of workers, certain labour legislations came into force in India. Coming towards the discussion over non-uniformity in payment of minimum rates of wages to employees/workers and unequal payment of remuneration etc., laws were framed by Ministry of Labour and Employment regarding payroll namely, The Minimum Wages Act, 1948, The Payment of Wages Act, 1936, The Payment of Bonus Act, 1965 and The Equal Remuneration Act, 1976. Recently, in August, 2017 a draft Bill i.e., The Code on Wages, 2017('Code', in short) was tabled before the Lok Sabha combining all these Acts which will provide for fixing of minimum rates of wages in certain employments by the Cental Government being the benchmark minimum wages in different geographical areas, below which minimum wages could not be set by any State. 2. Fixing and payment of minimum wages under the Code An employer shall not pay wages to any of its employees less than the minimum rate of wages notified by the appropriate Government for the area, establishment or work as may be specified in the notification. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Minimum Wages under The Code on Wages, 2017 : Benchmark Set Forth

P. Narayanan

The Code on Wages, 2017 has been drafted to fix the standard minimum rates of wages and seeks to integrate all labour laws relating to payroll in Indian industries. It is yet to be finalised by both the houses of Parliament. The learned author discusses Chapter II of the Code that deals with the provisions relating to minimum wages.

1. Background

As the growth is achieved by the Indian industries, problems relating to payment of minimum wages to workers employed in time, working conditions, social security, etc. being growing dreadfully. To curb the huge exploitation of workers, certain labour legislations came into force in India. Coming towards the discussion over non-uniformity in payment of minimum rates of wages to employees/workers and unequal payment of remuneration etc., laws were framed by Ministry of Labour and Employment regarding payroll namely, The Minimum Wages Act, 1948, The Payment of Wages Act, 1936, The Payment of Bonus Act, 1965 and The Equal Remuneration Act, 1976. Recently, in August, 2017 a draft Bill i.e., The Code on Wages, 2017('Code', in short) was tabled before the Lok Sabha combining all these Acts which will provide for fixing of minimum rates of wages in certain employments by the Cental Government being the benchmark minimum wages in different geographical areas, below which minimum wages could not be set by any State.

2. Fixing and payment of minimum wages under the Code

An employer shall not pay wages to any of its employees less than the minimum rate of wages notified by the appropriate Government for the area, establishment or work as may be specified in the notification.