Time Of Payment Of Wages. Responsibility for payment of wages. The Authorised deductions may be of the following kinds only, namely: a fines; b deductions for absence from duty; d deductions for house-accommodation supplied by the employer or by government or any housing board set up under any law for the time being in force whether the government or the board is the employer or not or any other authority engaged in the business of subsidising house-accommodation which may be specified in this behalf by the State Government by notification in the Official Gazette. Deduction should not exceed an amount equivalent to the value of the house-accommodation amenity or service supplied. The employer may, after obtaining the written authorisation of the employed person, pay him the wages either by cheque or by crediting the wages in his bank account.
Delay wage payments attract penalty of Rs. The amended Act covers all factories, which employ 10 or more persons irrespective of the fact whether the manufacturing process is being carried out with the aid of the power or without the aid of the power. Deductions for services rendered 15. Deductions which may be made from wages 8. Every amount paid by the employee to his employer is called as deductions.
Deductions for recovery of loans 17. The Act guarantees payment of wages on time and without any deductions except those authorised under the Act. Payment of undisbursed wages in cases of death of employed person. Protection of action taken in good faith. Maintenance of registers and records.
Deductions for recovery of advances. . Where the employment of any person in an establishment is terminated due to the closure of the establishment for any reason other than a weekly or other recognised holiday, the wages earned by him shall be paid before the expiry of the second day from the day on which his employment is so terminated. . Deductions for damage or loss.
Other deductions like deductions for absence from duty, deductions for damage or loss of goods by the worker, deductions for loss of money for which the worker is directly responsible, deductions towards house rent on account of accommodation provided by the factory owner, deductions towards recovery of advances, income tax, etc. Deductions for damage or loss 14. . Share and ratings with Karunakaran, and even join a on Goodreads. Every payment made by the employed person to the employer or his agent shall, for the purposes of this Act, be deemed to be a deduction from wage s.
The State Government has the power to make the Act applicable to any class of persons employed in any establishment or class of establishment by giving 3 months notice. . Deductions towards fine can be made from the salary of a factory worker only in accordance with the provisions of this Act. Modes of payment of wages 10. Payment of Wages and Deductions from Wages: These are the two important provisions of the Act. To Study Fines - Payment of Wages Act 1936 , Industrial Laws for B Com this is your one stop solution.
. Responsibility for the payment of wages 4. This include fines Section 8 , absence from duty Section 9 , Damages or loss Section 10 , deduction for services amenities given to employer Section 11 recovery of advances and loans Section 12, 13 and payment to cooperative society and insurance Section 13. In cases where such deductions are made to co-operative societies the deductions should not exceed 75 per cent of the wages? Benefits : the Act prescribes for i The regular and timely payment of wages on or before 7th day or 10th day after last day of the wage period in respect of which the wages are payable ii Preventing unauthorised deductions being made from wages and arbitrary fines. The mighty East India Trading Company suffers catastrophic losses from pirates on the high seas.
Application of Act to railways, air transport services, mines and oilfields. It may become difficult for him to survive live. Short title, extent, commencement and application. Important Definitions Section 2 : Employed person Employed person includes the legal representative of a deceased employed person. Wage does not includes any bonus, pension fund or provident fund, travelling allowance and any gratuity.
Main provisions- Responsibility of the employer for payment of wages and fixing the wage period. But employer should not recover the advance given for the travelling expense for the employee. Conditional attachment of property of employer or other persons responsible for payment of wages. . Regular Pay Payment should be made before the 7th day of a month where the number of workers is less than 1000 and 10th day otherwise. EduRev is like a wikipedia just for education and the Fines - Payment of Wages Act 1936 , Industrial Laws images and diagram are even better than Byjus! Claims for excessive deduction and Non Payment Employers individually or through trade union can approach the authority Labour Office for relief. .