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CCI Business Bulletin 04/02/2017 – 10/02/2017
Saturday Feb 11, 2017

Lok Sabha passes wages amendment bill

The Lok Sabha passed the Payment of Wages (Amendment) Bill, 2017 which allows for digital payment of salaries or through cheque. The move will enable employers to pay wages of less than USD 265 a month by cheque or digitally to bank accounts, besides in cash, by doing away with the requirement of employees’ written consent for the same.

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