Cap for applicability of Payment of Wages Act, 1936 increased to Rs. 18,000 per month, ITR ,& Company Cases

 

NOTIFICATION NO. SO 2260(E), DATED 11-09-2012

 

SECTION 1(6) OF THE PAYMENT OF WAGES ACT, 1936 - WAGES PAYABLE TO AN EMPLOYED PERSON - SPECIFIED AMOUNT OF WAGES PAYABLE UNDER SECTION 1(6)

NOTIFICATION NO. SO 2260(E), DATED 11-9-2012

In exercise of the powers conferred by sub-section (6) of section 1 of Payment of Wages Act, 1936 (4 of 1936), the Central Government, on the basis of figures of the Consumer Expenditure Survey published by the National Sample Survey Organisation, hereby specifies Rupees eighteen thousand per month as the wages under said sub-section (6).

 

Note:

Payment  of Wages Act 1936 is applicable where the monthly salary exceeds Rs.18,000 per month (earlier it was Rs.10,000 pm)