Question
Which of the following codes consolidates laws relating to wages, including minimum wages, payment of wages, and bonus?
Solution
The Code on Wages, 2019 consolidates four central labour laws: 1. The Payment of Wages Act, 1936 2. The Minimum Wages Act, 1948 3. The Payment of Bonus Act, 1965 4. The Equal Remuneration Act, 1976 This Code provides a uniform definition of wages and aims to ensure timely payment and minimum wage coverage for all employees across organized and unorganized sectors.
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