BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The Minimum Wages Act 1948 is an Act of Parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled labours. An Act to provide for fixing minimum rates of wages in certain employments.

Detailed explanation-2: -This means total remuneration in cash and in kind paid to employees before any deductions are made by the employer in respect of taxes, contributions of employees to social security and pension schemes, life insurance premiums, union dues or other obligations of employees.

Detailed explanation-3: -The Bombay High Court has said that workers have the fundamental right to get payment of wages under Article 21 of our Constitution. Further, the Court said that financial difficulties of an employer cannot be a reason for non-payment or delayed payment of wages to workmen.