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What is the minimum wage in India 2023?

India boasts the most competitive labor costs in Asia, with a national-level minimum daily wage of approximately INR 178 (equivalent to US$2.15), translating to around INR 5340 (approximately US$65) per month.

What is wage plan?

SALARY AND WAGE PLAN means a set of basic salary rates assigned to specific classes of positions in the City service and the rules for relating each individual to proper rate ing to the length and quality of services and other factors.

What is Section 22 of the minimum wages Act?

Section 22 of the Minimum Wages Act, 1948 an employer who fails to provide minimum rates of wages to the employees or contravenes any rule or order made under Section 13 of the Act shall be punished with imprisonment for a term which may extend to six months or fine not less than five hundred rupees or both.

What is minimum wages in Maharashtra 2023?

Maharashtra Minimum Wages effective from Date: 1st July, 2022 - 2023 Class of EmploymentZoneBasic Per MonthSemi-skilledZone I10856.00Semi-skilledZone II10260.00Semi-skilledZone III9664.00SkilledZone I11632.0025 more rows

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