Government of Maharashtra Notification on 6th monthly wage revision from 1/1/2024 to 30/6/2024
Contents News/Article Date: 4th February 2024
Relating to which Act: The Minimum Wages Act 1948
Penalty under the Act: a) Pays to any employee less than the minimum rates of wages fixed for that employee’s class of work, or less than the amount due to him under the provisions of this Act or (b) Contravenes any rule or order made under section 13 shall be punishable with imprisonment for a term which may extend to six months or more
Applicable to which State: Maharashtra
Type: Government of Maharashtra Notification on 6th monthly wage revision from 1/1/2024 to 30/6/2024
Pertains to: Employers and Employees in employment in Maharashtra
Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global has a system to regularly track announcement of minimum wages declared and also consumer price index and in this respect, the Kerala’s Department of Economics & Statistics, Thiruvananthapuram has announced the Consumer Price Index (Cost of Living Index) Numbers applicable to employees for the month of October 2023.
Karma Global will inform all its clients accordingly so that this knowledge information is known to all of them
And in this instance: Government of Maharashtra Notification on 6th monthly wage revision from 1/1/2024 to 30/6/2024
Subject: Government of Maharashtra Notification on 6th monthly wage revision from 1/1/2024 to 30/6/2024
Attached is the notification