https://www.taxtmi.com/news?id=21816 The Code on Wages, 2019 consolidates laws on wages, minimum wages, bonus and equal remuneration for organised and unorganised sectors; preserves Central and State powers to fix minimum wages while enabling appropriate Governments to set classification factors and a central floor wage; extends timely payment and authorised deduction protections to all employees; permits electronic payment; restructures enforcement through Inspectors-cum-Facilitators, designated authorities and appellate bodies; provides graded penalties, compounding, employer burden of proof for unpaid wages or bonus claims, and a three-year limitation for worker claims. en-us Sun, 28 Jul 2019 11:52:07 +0530 Sun, 28 Jul 2019 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21816 The Code on Wages, 2019 consolidates laws on wages, minimum wages, bonus and equal remuneration for organised and unorganised sectors; preserves Central and State powers to fix minimum wages while enabling appropriate Governments to set classification factors and a central floor wage; extends timely payment and authorised deduction protections to all employees; permits electronic payment; restructures enforcement through Inspectors-cum-Facilitators, designated authorities and appellate bodies; provides graded penalties, compounding, employer burden of proof for unpaid wages or bonus claims, and a three-year limitation for worker claims. News - Sun, 28 Jul 2019 11:52:07 +0530 https://www.taxtmi.com/news?id=21816