🔵Minimum Wages Act, 1948🔵 | 2023 Update

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Chapters:
02:00 What is Minimum Wages Act?
02:35 Find your governing body
03:25 Skill level of worker
05:14 Zone of work
05:58 Definition of Wages
07:01 Example, Rajasthan Minimum Wages
08:45 Example, Maharashtra Minimum Wages
10:00 Central Sphere Minimum Wages

An important labour law for both employers and employees to know is the Minimum Wages Act of 1948. As per this Act, the Central and State Governments establish a minimum wage for payment to all employees. This law is enforced and monitored by the Labour Ministry of the respective states and centres.

Employees need to be aware of this law to know their rights and not be taken advantage of monetarily. On the other hand, employers need to be aware of this law to make sure they are not disregarding it. Since not following the law can lead to heavy penalties.

Link to check the latest State and Central Sphere Minimum Wages: https://paycheck.in/salary/minimumwages
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