Alerts & Updates

ELP -Update- Code of Wages Bill

Corporate & Commercial
Private: Executive Compensation, Employment and Labour Laws | Aug 1, 2019

With a view to boost labour reforms, the Code on Wage Bill 2019 was passed in Lok Sabha on July 30, 2019 (the Code). The Code subsumes relevant provisions of the Minimum Wages Act, 1948, the Payment of Wages Act, 1936, the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976. After the enactment of the Code, all these four legislations will get repealed.

Read the key provisions of the billl here.