Home Builders Association speaks out against amendment to Wage Payment and Collection Act

The Payment of Wages Act, 1936 has been amended by Payment of Wages (Amendment) Act, 2017 (w.e.f.28.12.2016) as under: "6.All wages shall be paid in current coin or currency notes or by cheque or by crediting the wages in the bank account of the employee:

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THE PAYMENT OF WAGES (AMENDMENT) BILL, 2017 A BILL further to amend the Payment of Wages Act, 1936. BE it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows:- 1.(1) This Act may be called the Payment of Wages (Amendment) Act, 2017.(2) It shall be deemed to have come into force on the 28th day of December, 2016.

Payment of Wages (Amendment) Act, 2017 has been passed on 15th Feb, 2017, with retrospective effect (w.e.f. 28th day of December, 2016.) by repealing Payment of Wages (Amendment) Ordinance, 2016. The Payment of Wages (Amendment) Ordinance, 2016 was passed on 28th December, 2016, which contains same provisions which are given in this amendment.

30 December 2016 Current Affairs: President Pranab Mukherjee has given assent to Payment of Wages (Amendment) Ordinance, 2016, to enable industries to pay wages by cheque or credit into the bank accounts of workers. The ordinance amends the Payment of Wages Act, 1936 to encourage cashless transactions.

Contents Prairie state wire june Tax bill means Builder confidence strong ameritas mutual holding Act 1936 ( Writing in Buckley, the court drew an analogy to its earlier decision rejecting a First Amendment challenge to a law barring. concern about undue influence and fairness in a system of pay-to-play. Home Builders Association speaks out.

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(1)The Payment of Wages (Amendment) Ordinance, 2016 is hereby repealed. ( 2 ) Notwithstanding such repeal, anything done or any action taken under the Payment of Wages Act, 1936, as amended by the said Ordinance, shall be deemed to have been done or taken under the corresponding provisions of the said Act, as amended by this Act.