Minimum Wage Dilemma: Which Rules Apply to Insurance Companies Across India?

Minimum Wage Applicability for Insurance Companies

Which minimum wage, state or central, will be applicable for an insurance company? The company has branches pan India.

1. Sir, you have not intimated the name of the "insurance company." It has also not been indicated whether the said insurance company has been established by a Central Act or by any State Government Act as desired under Section 2(b) of the Minimum Wages Act, 1948, with reference to the Schedule as laid down in the said Act.

2. Hope, after going through the provisions of the Act as mentioned above, you will find the answer to your doubt/query.