Labour Code on Wages Bill, 2015
A significant overhaul of labour regulations by the Ministry of Labour & Employment is on its way. Union Cabinet on 23nd July 2017 approved the Labour Code on Wages Bill, 2015 which, seeks to repeal and consolidate four key labour laws, namely,
- The Minimum Wages Act, 1948,
- The Payment of Wages Act, 1936,
- The Payment of Bonus Act, 1965 and
- The Equal Remuneration Act, 1976.