Questions and Answers
What is the penalty for a person repeating an offense in a factory under the Factories Act?
Imprisonment up to 3 years
Under the Factories Act, what is the punishment for providing a false fitness certificate?
Fine of at least Rs. 10000
According to the Payment of Bonus Act, what is included in the definition of 'wages'?
Dearness allowance
According to the Payment of Bonus Act, which of the following is not included in the definition of 'wage'?
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What does 'wage' include according to the Payment of Bonus Act?
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Study Notes
Minimum Wages Act
- Enacted in Parliament in 1948
- Regulates minimum wages for skilled and unskilled labours
- Aims to ensure a basic standard of living, including good health, dignity, comfort, education, and provision for contingency
- National-level minimum wage is around INR 178 per day and INR 5340 per month
Payment of Bonus Act
- Enacted in 1965
- Bonus is a reward paid to an employee for good work by the organisation
- Objective of bonus is to share profit earned by the organisation amongst employees and staff members
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