Telangana's revision of minimum wages for employees employed in the scheduled employments effective 01-04-2023

Telangana's revision of minimum wages for employees employed in the scheduled employments effective 01-04-2023

• Karma
• May 11 13:29:54, 2023

Telangana's revision of minimum wages for employees employed in the scheduled employments effective 1/4/2023

  Contents News/Article Date: 1st April 2023 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 with or with fine which may extend to five hundred rupees, or with both Applicable to which State: Telangana                Type:  Commissioner of Labour & Deputy Commissioner of Labour Press Note                                                     Pertains to: Industrial workers and agricultural workers   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, Karma Global will inform all its clients accordingly so that this knowledge information is known to all of them And in this instance: In exercise of the powers conferred by section -3 of the Minimum Wages Act, 1948 (XI of 1948), read with the clause (B) of subsection (1) of Section-5 of the said act, the Government of Telangana   is pleased to introduce the formula for Variable Dearness Allowance in the minimum rates of wages fixed! revised for the different categories of employees employed in the scheduled employments. India Consumer Price Index is the basis on which the minimum rates of wages have been fixed/revised in the above scheduled employment. The payment of variable Dearness Allowance on the basis of previous average index will be payable at the aforesaid rates from 1st April, 2023.  Subject: Telangana’s revision of minimum wages for employees employed in the scheduled employments effective 1/4/2023  

Attached is the notification

 

Telangana's-revision-of-minimum-wages-for-employees-employed-in-the-scheduled-employments-effective-01-04-2023-Karma-Global