https://www.taxtmi.com/acts?id=53015 Section 55 requires the contractor to pay contract labour wages within the prescribed period by bank transfer or electronic mode and to inform the principal employer of amounts paid; where impracticable, a prescribed alternative applies. If the contractor defaults or short-pays, the principal employer is liable to pay the unpaid wages and may recover the amount from the contractor by deduction or as a debt. The appropriate Government may direct payment from the contractor's licence security deposit in the prescribed manner. en-us Mon, 19 Jan 2026 10:45:46 +0530 Mon, 19 Jan 2026 10:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53015 Section 55 requires the contractor to pay contract labour wages within the prescribed period by bank transfer or electronic mode and to inform the principal employer of amounts paid; where impracticable, a prescribed alternative applies. If the contractor defaults or short-pays, the principal employer is liable to pay the unpaid wages and may recover the amount from the contractor by deduction or as a debt. The appropriate Government may direct payment from the contractor's licence security deposit in the prescribed manner. Act-Rules Labour laws Mon, 19 Jan 2026 10:45:46 +0530 https://www.taxtmi.com/acts?id=53015