61. THE PAYMENT OF WAGES ACT, 1936
The Payment of Wages Act is enacted for timely payment of wages to workers. It is applicable on almost all types of establishments. The provisions of this Act is for employees receiving wages up to Rs. 1,600/- p.m.

The Act fixes responsibility for Payment of Wages, Provisions of fixation of wage period (wage period can be fixed for maximum one month).

Wages are to be paid within 7 days of expiry of wage period (in case of less than 1000 employees) and within 10 days in other cases. The wages are to be paid in cash, if employees permit. Wages can be paid by cheque also.

The Act also describes about various deductions, which can be made from wages. Maximum 15% of wages can be deducted under various deductions. In case of payment to Housing Co-operative Society, these deductions can go up to 75% of wages.

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