Hi
The Penality clause is applicable under Payment of wages act 1936.
Under Section 5 and sub section 3 it is clearly mentioned that Company below 1000 employees should pay salaries before 7th and above 1000 before 10th. There is a penality clause in this act.
Regards
Karthik
The Penality clause is applicable under Payment of wages act 1936.
Under Section 5 and sub section 3 it is clearly mentioned that Company below 1000 employees should pay salaries before 7th and above 1000 before 10th. There is a penality clause in this act.
Regards
Karthik