Minimum Wages Act PPT: Definition, Purpose, Objectives and Revision Free Download: The Minimum Wages Act 1948 is an Act of Parliament regarding Indian labour regulation that units the minimal wages that need to be paid to professional and unskilled labours. The Indian Constitution has described a ‘dwelling salary’ this is the extent of earnings for a employee to be able to make sure a basic standard of living together with true fitness, dignity, comfort, training and offer for any contingency.

Minimum Wages Act PPT: Definition, Purpose, Objectives and Revision

However, to maintain in thoughts an industry’s capability to pay the charter has described a ‘fair salary’. Fair salary is that degree of salary that now no longer simply keeps a degree of employment, however seeks to boom it maintaining in angle the industry’s capability to pay. Due to an unjust interest toward the a long time antique regulation it’s miles now exploited with the aid of using main companies to underpay their employees, In public opinion authorities need to set an every year salary alternate much like nations across the world do.

Table of Content

  • Definition
  • Introduction
  • Purpose of Minimum Wages Act
  • Objectives of Minimum Wages Act
  • Revision of Minimum Wages Act
  • Conclusion

Minimum Wages Act PPT: Definition, Purpose, Objectives and Revision

Sumit ThakurGeneral Seminar TopicsMinimum Wages Act PPT: Definition, Purpose, Objectives and Revision Free Download: The Minimum Wages Act 1948 is an Act of Parliament regarding Indian labour regulation that units the minimal wages that need to be paid to professional and unskilled labours. The Indian Constitution has described a 'dwelling salary' this...