https://www.taxtmi.com/article/detailed?id=9351 Draft rules under the Code on Wages, 2020 prescribe frameworks for fixing minimum and floor wages, work time and rest regimes, timely payment obligations (including principal liability where contractors are used), wage slips and registers, capped deductions with procedural safeguards, recovery of advances and loans, fines subject to approval, and detailed bonus computation and carry forward/set off mechanics as illustrated in Schedules A-D; a Central Advisory Board and inspectors cum facilitators are tasked with consultation, oversight and dispute procedures. en-us Thu, 16 Jul 2020 08:13:30 +0530 Thu, 16 Jul 2020 08:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9351 Draft rules under the Code on Wages, 2020 prescribe frameworks for fixing minimum and floor wages, work time and rest regimes, timely payment obligations (including principal liability where contractors are used), wage slips and registers, capped deductions with procedural safeguards, recovery of advances and loans, fines subject to approval, and detailed bonus computation and carry forward/set off mechanics as illustrated in Schedules A-D; a Central Advisory Board and inspectors cum facilitators are tasked with consultation, oversight and dispute procedures. Articles Other Topics Thu, 16 Jul 2020 08:13:30 +0530 https://www.taxtmi.com/article/detailed?id=9351