REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF WAGES OF CONTRACTUAL WORKERS IN BANK ACCOUNTS

The Ministry of Labor and Employment vide notification dated 5th September, 2017 amended Rule 69 of the Contract Labor (Regulation and Abolition) Central Rules, 1971. Highlights:

  • Wages to workmen can also be made via payment in their bank accounts, in addition to payment in current coin or currency payment mechanism.
  • The Government has reserved the right to identify establishments wherein payment must be made only by cheque or crediting the workmen’s’ bank account. This will bring about transparency in the payment of wages to the workmen and act as a watch for any deviations from the payment of minimum wages.

Source: http://www.labour.nic.in/sites/default/files/final%20notification%20published_0.pdf

Sometimes talking gives solution

Contact us for more information about our services and how we can help

Contact
Disclaimer

As per the rules of the Bar Council of India, we are not permitted to advertise or solicit work. By accessing and browsing through this website, all users agree and acknowledge that the content of this website is for informational purposes only and that there has been no form of solicitation, advertisement or inducement by NovoJuris Legal or its members, in any form. No information provided on this website should be construed as legal advice and NovoJuris Legal shall not be liable for consequences of any action taken by relying on the information provided on this website.