While the Code on Wages, 2019 (hereinafter referred to as
“
the Code”) received Presidential
assent on August 08 2019
1, the Government was
yet to notify the effective date of the Code coming into force. The
Code has unified and subsumed four different acts, namely the
Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the
Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976
(collectively “
Existing Legislation”).
The implementation of the Code is expected to have wide ranging
implications for a majority of stakeholders. Under Section 1(3) of
the Code, the Central Government has the power to issue
notification in the official gazette to appoint different dates for