Code on Wages, 2019
The Code on Wages (2019) was the first of the four codes to be enacted. It standardises wage definitions and structures across all industries and establishments, replacing four older laws. The code mandates a single, unified definition of "wages" applicable to all four codes, which must constitute at least 50% of total remuneration — closing the practice of artificially inflating allowances to suppress provident fund and gratuity contributions.
- Replaces: Minimum Wages Act (1948), Payment of Wages Act (1936), Payment of Bonus Act (1965), Equal Remuneration Act (1976).
- Universal floor wage: Applies to all employees regardless of sector or establishment size.
- Equal remuneration for men and women performing the same work is now a statutory mandate.
● Tracked since May 09, 2026 · last seen September 24, 2026 · updates as the daily brief publishes
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