Nathrao
Insolvency N Gst Professional
Korgaonkar K A
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Hi, How to explain the meaning of wages as per the objective of different laws in India.
Thank you.
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Payment of Wages Act
4
[(vi) “wages” means all remuneration (whether by way of salary, allowances,
or otherwise) expressed in terms of money or capable of being so
expressed which would, if the terms 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
Minimum Wages Act
"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,
1*[and includes house rent allowance], but does not
include--
Basically wages mean remuneration of all kinds being paid to employee in relation to work,
Dear ANNONYMOUS Friend,
You want to know the meaning of term "wages" as per the objective of different laws in India.
What is your study of laws related to wages in India? Have you read the defination of term "wages" under different laws related to wages in India?
Some time I am harsh in my language. This is a forum of HR Professionals and invariably it is found that the HR Professionals are asking questions without any study. The questions are very basic of our profession.
Which are the laws related to wages in India?
They are:
1. Payment of Wages Act
2. Minimum Wage Act
3. Payment of Bonus Act
4. Payment of Gratuity Act
5. Equal Remuneration Act
6. Maternity Benefit Act
7. In some State HRA Act and so on.
Each Act amongst other definitions, defination of wages is given. You are requested to read it, interpret it. In case you do not understand it, your specific query will be welcome by members like me.
I'm sorry. I wanted to come out with my anger and you you are cought on this Sunday morning.
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