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How to Understand Labor Costs in India? Minimum Wages for States Across India (per month) (in INR)StateUnskilledSkilledGoa Effective date: April 1, 202310,79013,728Gujarat Effective date: April 1, 202311,75212,324Haryana Effective date: January 1, 202310,532.8412,802.6924 more rows ? 08-Aug-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

The Code on Wages, notified in August 2019, subsumes the provisions of four laws ? Payment of Wages Act, the Minimum Wages Act, the Payment of Bonus Act, 1965 and the Equal Remuneration Act. It applies to all establishments and to all employees in both organised and unorganised sectors.

In 2019, this changed with a mandated national minimum wage that employers are required to pay being introduced. This means that the rate varies between 178 Rupees ($2.16 USD) per day to 423 Rupees ($6.35 USD) per day depending on region or city as of 2023.

Zones in Maharashtra as classified by the Ministry of Labour Zone I - Comprise of the area falling within the limits of all 'A' and 'B' class Municipal Corporations Zone II - Comprise of the areas falling within the limits of all 'C' and 'D' class Municipal Corporation and 'A' class of Municipal Councils and Cantonment ...

What is the definition of Wages under the Payment of Wages Act, 1936? Answer: ing to the Act, the definition of Wages is as follows: 'Wages include all remunerations which are expressed in terms of money or are capable of being so expressed. Further, these are either by the way of salary allowances or otherwise.

(1) Notwithstanding anything contained in any other law for the time being in force, there shall be no deductions from the wages of the employee, except those as are authorised under this Code.

Calculated Minimum Wages in Maharashtra 2023 Class of EmploymentZoneBasic Per MonthUnskilledZone II9425UnskilledZone III8828Semi-skilledZone I10856Semi-skilledZone II1026017 more rows ? 08-Jun-2023