Thursday 22 August 2019

Synopsis:- 1- Code on Wages, 2019 vs Minimum Wages Act, 1948



Synopsis Code on Wages, 2019
Rahul Kumar
1. Minimum Wages Act, 1948
TopicAct ProvisionCode ProvisionChangeImpact
ApplicabilityMinimum wages are fixed for scheduled employmentsNo provision Schedule Employment Omitted2000 Employment as per section 2(1A) of the Act Wages shall get better Wages
Wages DefinitionSection 2(h) of the Act defining 'wages includes house rent allowance'Section 2(y) Wages Definition excluded HRA; but section 7 states an allowance to be adjusted with basic rate of wages.HRA excludedsimplified 12 different Wages definition; more clear
Wages Revision frequencyMinimum Once in 5 yearMinimum Once in 5 yearNo changeDelay in revision may impact for all the Floor
National Minimum WageNot ExpressedExpressed:- Central Govt. shall fixed National Floor WagesNFW - Introduced
OT WagesVaries as per jurisdictionFixed - Double the wagesimprovedclarity & uniformity
Claim for WagesSection 20 of the Act the provided that any claim for claim could be made wages could be made within within 6 monthSection 45(6) that the provided that any claim for claim could be made wages could be made within within 3 years.Time limit for wages claim increasedIt may increase the number of back-wages/unpaid wages claim

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