https://www.taxtmi.com/news?id=17143 Amendment will add recognition of bank credit and cheque as permitted modes of wage payment alongside existing cash payment, while retaining cash as an option. Appropriate government notification will specify establishments required to use banking channels. The amendment aims to ensure minimum wages and strengthen social security protection by reducing employer under-reporting that can avoid subscription to social insurance schemes. en-us Thu, 22 Dec 2016 10:42:34 +0530 Thu, 22 Dec 2016 10:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17143 Amendment will add recognition of bank credit and cheque as permitted modes of wage payment alongside existing cash payment, while retaining cash as an option. Appropriate government notification will specify establishments required to use banking channels. The amendment aims to ensure minimum wages and strengthen social security protection by reducing employer under-reporting that can avoid subscription to social insurance schemes. News - Thu, 22 Dec 2016 10:42:34 +0530 https://www.taxtmi.com/news?id=17143