Maharashtra State MW for the period 1st July 23 to 31st Dec 23
Contents News/Article Date: 2nd August 2023
Relating to which Act: The Minimum Wages Act 1948
Penalty under the Act: Section 22 of the Minimum Wages Act, 1948 an employer who fails to provide minimum rates of wages to the employees or contravenes any rule or order made under Section 13 of the Act shall be punished with imprisonment for a term which may extend to six months or fine not less than five hundred rupees or both.
Applicable to which State: State of Maharashtra
Type: Government of Maharashtra announcement of minimum wages for the period 1/7/2023 to 31/12/2023 in English format
Pertains to: Employers and employees in Maharashtra in English format
Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing, and Regulatory Compliances right from its inception in 2004 since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, 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 the announcement of minimum wages declared and also the consumer price index and in this respect, the Government of West Bengal has announced the minimum rates of wages for the employees employed in the 30 scheduled employments in the State of West Bengal for the period 1/7/2023 to 31/12/2023.
Karma Global will inform all its clients accordingly so that this knowledge information is known to all of them
And in this instance: The minimum rates of wages for the employees employed in the Scheduled Employments in the state of Maharashtra shall be effective in the period from 1st July 2023 to 31st December 2023. The minimum rates of wages have been updated with reference to the Fixation / Revision notifications as mentioned against each scheduled employment
Subject: Maharashtra State Minimum Wages for the period 1st July 2023 to 31st December 2023 – in English format
Attached is the notification
Appended is the complete news item