BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -ACT 4 OF 1936 The Payment of Wages Bill, 1935 having been passed by the Legislative Assembly received its assent on 23rd April, 1936.

Detailed explanation-2: -The Payment of Wages Bill, 1935 was passed by the Legislative Assembly and it received the assent on 23rd April, 1936. It came on the Statute Book as “THE PAYMENT OF WAGES ACT, 1936 (4 of 1936)". 1. The Government of India (Adaptation of Indian Laws) Order, 1937.

Detailed explanation-3: -Payment should be made before the 7th day of a month where the number of workers is less than 1000 and 10th day otherwise. The wage-period shall not exceed 1 month. The Act is applicable only to employees drawing wages not exceeding Rs. 6500 a month.

Detailed explanation-4: -1. The Act applies to the payment of wages to persons in the factory and industrial establishments receiving less than Rs, 200 a month. 2. No employed person can give up by contract or agreement, his under the Act.

Detailed explanation-5: -Purpose of the Act The benefit of the Act prescribes for the regular and timely payment of wages (on or before 7th day or 10th day of after wage period is greater than 1000 workers) and Preventing unauthorized deductions being made from wages and arbitrary fines.