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ARTICLE · 28 JULY 2017

Cabinet Approves The Labour Code On Wages Bill

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The Labour Code on Wages Bill, 2015 has been introduced by the Ministry of Labour & Employment, Government of India as a part of its oft stated aim of reforming labour laws and improving the ‘ease of doing business'.

IndiaEmployment and HR

Introduction

The Labour Code on Wages Bill, 2015 (Wage Bill) has been introduced by the Ministry of Labour & Employment, Government of India (Ministry) as a part of its oft stated aim of reforming labour laws and improving the 'ease of doing business'.

The Union Cabinet on 25 July 2017 has approved the Wage Bill to simplify, consolidate and amend (i) Minimum Wages Act, 1948; (ii) Payment of Wages Act, 1936; (iii) Payment of Bonus Act, 1965 and (iv) Equal Remuneration Act, 1976. The Wage Bill is expected to be placed in both the houses of the Parliament in the current monsoon session.

Background

The Wage Bill is a part of the Government of India initiative of reducing myriad labour & employment laws to 4 major codes namely, wages; industrial relations; social security and welfare and occupational safety, health & working conditions. The Wage Bill consists of four chapters ensuring equal remuneration, minimum wages, payment of wages and payment of bonus. Some of

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