Time limits for payment of salaries & wages
This query is : Open
07 May 2010
hello friends,
Can some body tell me time limits for various payments made to labours and staff under different acts like Wages Act, Bonus Act.
Can some body tell me time limits for various payments made to labours and staff under different acts like Wages Act, Bonus Act.
07 May 2010
As per section 5 of THE PAYMENT OF WAGES ACT, 1936:
Maximum time limit for POW.
Where employees are 1000 or less === on or before 7th day of the next month.
Where employees are More than 1000 === on or before of 10th day of the next month.
In any case the employment of any person is terminated by or on behalf of the employer, the wages earned by him shall be paid before the expiry of the 2nd working day from the day on which his employment is terminated.(Sec. 5 Clause.2)
Maximum time limit for POW.
Where employees are 1000 or less === on or before 7th day of the next month.
Where employees are More than 1000 === on or before of 10th day of the next month.
In any case the employment of any person is terminated by or on behalf of the employer, the wages earned by him shall be paid before the expiry of the 2nd working day from the day on which his employment is terminated.(Sec. 5 Clause.2)
07 May 2010
is there any provision for payment of Leave Travel allowance or Medical Reimbursement or Leave Salary or any other which is yearly paid.
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