The Minimum Wages Act aims to provide minimum wages in the organized sector to prevent exploitation of workers and promote economic growth. It defines wages and outlines how minimum wage rates are fixed, including working hours, overtime pay, and cost of living allowances. Employers who pay wages below the minimum can face penalties like imprisonment or fines. The Payment of Wages Act ensures timely and full payment of wages without unauthorized deductions through regulations on wage periods, payment times, deductions, and fines to protect workers.

1. Minimum wages act

2. Why Minimum Wages
It helps in rapid industrial growth and for the
benefit of the employee and,it also helps in
Maintaining and promoting economic growth of
the country.
Objective-To provide minimum wages to the
workers in organised sector.
To stop exploitation of the workers.
To empower the government to take step for
fixing minimum wages.

3. Definiation and meaning of wages
Wages means all remuneration expressible in
money term including HRA but excluding
value of any –House accommodation ,supply
of light ,water, travelling allowance,PF, gratuity
etc.

4. Fixation of minimum wages rate
• Fix the number of working hour for a working
day
• Overtime wage- as per the factories act 1947
over time wages ,are to be paid at twice the
normal rate of wages employer is required to
maintain prescribe registers for this purpose
• Undistributed amount shall be deposited by
employer with prescribed authority.

5. • Also to fix cost of living allowances
Penalities for offence- payment of wages at less the
minimum wages fixed under the act entails imprisonment
up to six month or fine up to rs.500 or both.
(2).the payment of wages act,1936• To avoid unnecessary delay in the payment of wages
• To prevent unauthorized deduction from wages
• The act ensure payment of wages at regular intervals
without unauthorized deduction by(a).laying down wages period
(b).time for making payments
(c).No unauthorized deduction from wages
(d).regulating imposition of fine

6. • The act is administrated by state government
except for railways,mines,oil fields,central air
transportation which is enforced by central
government .
• Employer is to fix wage period and not to exceed
one month
• Register to be maintained by the employer for
wages paid
• Employer can deduct wages ,if employee go on
strike without any notice

7. • For deduction of wages government appoints
court for appeal where employee can go for
even non-payment of wages
• After obtaining written authorization of
employee , employer may pay wages either by
Cheque or credit in his bank account.