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Understanding the 50% Wage Rule Under the Code on Wages, 2019: A Cap on Exclusions, Not a Ceiling on Wages
India’s new labour code framework, comprising four consolidated codes enacted between 2019 and 2020, represents the most comprehensive overhaul of employment laws since independence. Among these, the Code on Wages, 2019 (hereinafter referred to as the “Code”) amalgamates the Payment of Wages Act, 1936; the Minimum Wages Act, 1948; the Payment of Bonus Act, 1965; and the Equal Remuneration Act, 1976, into a single, unified enactment.
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S.S. Rana & Co. Advocates
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