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Critical Analysis of Code of Wages, 2019

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Chanakya Kene
Chanakya Kene

This presentation implied the Critical Analysis of Code on Wages 2019

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Unveiling Compensation Complexity: A Critical Analysis on Code on Wages, 2019 Presenter: Chanakya Kene
“Exclusion from wages Details Statutory Bonus Excluded from the definition of wages Value of House accommodation / supply of water, light, medical attendance or other amenity Excluded Employer’s contribution to Provident Fund, Pension and interest accrued thereon Excluded Conveyance allowance Excluded Sum paid to defray special expenses Excluded House Rent allowances Excluded Remuneration payable under award or settlement Excluded Overtime allowance Excluded Exclusions other than highlighted components Capped at 50% of total remuneration Remuneration in kind Limited to 15% of total remuneration”
`
CONCLUSION

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Critical Analysis of Code of Wages, 2019

  • 1. Unveiling Compensation Complexity: A Critical Analysis on Code on Wages, 2019 Presenter: Chanakya Kene
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  • 10. “Exclusion from wages Details Statutory Bonus Excluded from the definition of wages Value of House accommodation / supply of water, light, medical attendance or other amenity Excluded Employer’s contribution to Provident Fund, Pension and interest accrued thereon Excluded Conveyance allowance Excluded Sum paid to defray special expenses Excluded House Rent allowances Excluded Remuneration payable under award or settlement Excluded Overtime allowance Excluded Exclusions other than highlighted components Capped at 50% of total remuneration Remuneration in kind Limited to 15% of total remuneration”
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