Payment of Wages Act Amendment 28.07.2017

Respected Seniors,
I am working in Manufacturing company as HR Manager Recently one amendment in Payment of Wages Act Amendment held on 28.07.2017 (Gazette Notification below). Please advise if any Financial, Non-Financial implications of the same or we are required to amend any records/ returns.
S.O. 2806(E).—In exercise of the powers conferred by sub-section (6) of section 1 of the Payment of Wages
Act, 1936 ( 4 of 1936), the Central Government, on the basis of figures of the Consumer Expenditure Survey published
by the National Sample Survey Organization, hereby specifies rupees twenty four thousand per month as the wages
under said sub-section (6).

Respected Seniors,
I am working in Manufacturing company as HR Manager Recently one amendment in Payment of Wages Act Amendment held on 28.07.2017 (Gazette Notification below). Please advise if any Financial, Non-Financial implications of the same or we are required to amend any records/ returns.
S.O. 2806(E).—In exercise of the powers conferred by sub-section (6) of section 1 of the Payment of Wages
Act, 1936 ( 4 of 1936), the Central Government, on the basis of figures of the Consumer Expenditure Survey published
by the National Sample Survey Organization, hereby specifies rupees twenty four thousand per month as the wages
under said sub-section (6).

Dear Senior
Please give One Information Factory Act Payslip Rule no?

Amendment to the Payment of Wages Act is to cover employees who are drawing wages upto 24,000 per month under this Act. No changes are required to be done in existing records. only Annual return to be submitted to the Dy Labour Commisioner will include more number of employees. For workers - any worker drawing wages upto 24000 per month can seek relief from the competent authority under this Act for non payment of wages, delayed payment of wages or for unauthorised deductions from his pay.