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Mercantile Laws – II




                    Notes          4.  What are the penalties for the non-compliance of the Act?
                                   5.  Is there a separate minimum wage legislation in India?
                                   6.  Do one or more minimum wage/s, exists in India?
                                   7.  At what level are minimum wages determined?

                                   8.  On what basis is/are minimum wage/s declared?
                                   9.  In  case  of  daily/weekly/monthly minimum wage,  are  number  of working  hours
                                       considered while fixing minimum wages?

                                   10.  Who all are involved in setting minimum wages?
                                   11.  How are up ratings (adjustments) of minimum wage/s decided upon?
                                   12.  Which are the components of minimum wages in India?
                                   13.  How frequently is the fixed component of minimum wages updated?

                                   14.  How frequently is the variable component of minimum wage updated?
                                   Answers: Self  Assessment


                                   1.  State government                  2.   Guaranteed Time Rate
                                   3.  Committee method                  4.   Offence
                                   5.  Payment of wages                  6.   Different
                                   7.  Cash                              8.   Official Gazette

                                   9.  500                               10.  Official gazette
                                   11.  Minimum wages                    12.  Entitled
                                   13.  Variable Dearness Allowance      14.  True

                                   15.  True
                                   9.8 Further Readings





                                   Books       Davidov, Guy & Langille, Brian (2011), “The Idea of Labour Law,” Oxford University
                                               Press.
                                               Davis, Ja E (2012), “Labour Laws,” General Books.

                                               Kumar, H.L. (2010), “Labour Laws,” Universal Law Publishing.
                                               Rao, VSP (2008), “ Industrial Relations & Labour Laws,” Excel Books.
                                               Singh, B.D. (2009), “Labour Laws for Managers,” Excel Books India.




                                   Online links  http://business.gov.in/legal_aspects/wages_1938.php
                                               http://www.delhi.gov.in/wps/wcm/connect/doit_labour/Labour/Home/
                                               A c t s + I m p l e m e n t e d / S u m m a r y + o f + t h e + A c t s + I m p l e m e n t e d /
                                               The+Payment+Of+Wages+Act,+1936




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