National Workshop on Labour Code on Wages

Ms. Kaveri Kumar, Founder and Head of Corporate Practice participated in a workshop on 'Labour Code on Wages' organized by the Associated Chambers of Commerce and Industry of India ("ASSOCHAM"). The workshop was addressed by eminent speakers such as:

• Some of the key aspects highlighted in the workshop were:

• Subsumation of four existing laws viz. the Minimum Wages Act, 1948; the Payment of Wages Act, 1936; the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976 into a unified code namely The Code on Wages Bill, 2017 ("Wages Code").

• Focus on removing the multiplicity of definitions and authorities, leading to ease of compliance without comprising wage security and social security to the workers.

• Compliance of various statutory provisions and enhanced penalties and punishments under the Wages Code.

• Ensuring minimum and timely payment of wages to all employees irrespective of the sector of employment.