🔵Minimum Wages Act, 1948🔵 | 2023 Update

📚Payroll, Excel & Labour Law Courses for career growth: https://lpt.institute/courses/ _____________________________________________________ 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 _____________________________________________________ 💸DEMAT Account: https://link.lla.in/Demat _____________________________________________________ Read about this in English:https://labourlawadvisor.in/blog/mini... _____________________________________________________ PLAYLISTS : Labour Law Crash Course Series: https://tinyurl.com/Labour-Law-Crash-... Income Tax: https://link.lla.in/LLA-PL-Income-Tax... Business Basics: https://link.lla.in/LLA-PL-Business-B... Social Security Schemes: https://tinyurl.com/LLA-Social-Securi... Life Insurance Guide: https://link.lla.in/LLA-PL-life-insur... _____________________________________________________ Follow us on Social Media📲 Twitter: https://link.lla.in/LLAtwitter Instagram: Telegram: https://t.me/JoinLLA Facebook: https://link.lla.in/LLAFB _____________________________________________________ 📰Get the LLA newsletter for FREE: https://labourlawadvisor.in/newsletter/ 🕵️Employment Consultancy, Contract Review, Salary Structure Review: https://www.consult.lla.in/ #MinimumWagesAct #MinimumWages #MinimumWagesCalculation