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‡ Regulating payment of wages
‡ Imposing fines/deduction from wages
‡ Laying down `Wage period`
‡ Time and Mode of payment of wages
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V $!"#%&! '( ñaily, Weekly, Fortnightly, Monthly
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V +"* '![employees more than 1,000]

V Mode of payment-Coins and currency notes


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‡ Fines
‡ ñamages/loss caused
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‡ Employees` EIC, PF Contributions, LIC
‡ premium
‡ Amenities provided
‡ Court Orders [Recovery]
THE MINIMUM WAGES ACT
1948
  
‡ To provide for Minimum wages for certain
employees
‡ To stop exploitation of labour
‡ The acts also provides for maximum daily
hours, weekly rest day and overtime
    

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V Fine upto Rs. 500
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