Minimum Wages Act

WAGES means

· Expressed or Implied Monetary Payment in terms of Contract of Employment and includes House Rent Allowance.

WAGES DO NOT INCLUDE

· House Accomodation, Supply of necessities like Light, Water and Provision of Medical Attendence and Other Amenity or Service specifically excluded by the Appropriate Government.

· Contribution made to Pension Fund or Provident Fund or under any scheme of Social Insurance

· Travelling Allowance or the value of any Travelling Concession

· Special Allowances provided based on the nature of Employment

· Gratuity Payable

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Diwakar Mishra

Manmohan ACA, CS

The Harshit Aggarwal

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