Minimum Wages Act, 1948

Minimum Wages Act, 1948 Compliance Services

we recognize the significance of fair compensation for a motivated and satisfied workforce. Our dedicated Minimum Wages Act, 1948 Compliance Services are tailored to assist your organization in adhering to the legal provisions of this essential legislation, ensuring that your employees receive just remuneration for their efforts.

Our Minimum Wages Act Compliance Services

1. Comprehensive Guidance: Our team of experts possesses a deep understanding of the Minimum Wages Act, 1948. We offer expert guidance to help you understand and implement the Act's provisions correctly, guaranteeing compliance while nurturing a positive work environment.

2. Wage Structure Evaluation: We assist you in evaluating your current wage structure to ensure alignment with the Act's requirements. This includes determining minimum wages for different categories of employees based on skills, regions, and industries.

3. Documentation Support: Compliance often involves detailed documentation. We aid you in maintaining accurate records, registers, and documentation required by the Act, ensuring you are well-prepared for inspections and audits.

4. Regular Updates: Labor laws evolve, and so do compliance requirements. Our services include keeping you informed about any amendments or changes to the Minimum Wages Act, enabling you to make timely adjustments to your compensation practices.

Compliances Under The Minimum Wages Act 1948

As per the Minimum Wages Act 1948, all the companies in India needs to pay specified minimum wages to specified category of labour/ Employee, as notified by the Labour Law department, from time to time. It makes it mandatory for Employers to pay the minimum wages fixed under the Minimum Wages Act 1948.

Both the Central Government and State Government has the authority to review and fix Minimum wages, along with enforcing the rules to the Employers operating under their jurisdiction. We at SGC Management Services Pvt. Ltd., provide the complete service of consultancy and other assistance to the business for a smoother operation.

How Do We Help With Compliances Minimum Wages Act, 1948?

• We make, maintain and submit all kinds of required reports and registers as per the guidelines like: -
• Maintenance of wage registers in Form No. X
• Preparation of overtime registers in Form No. IV
• Preparation of Muster Roll in Form No. V
• Preparation and distribution of wages slip in Form No. XI
• Preparation of Annual Return Form-III and others.
• Provide complete assistance regarding the operation of the business as per the regulations.
• We provide regular consultancy services to the business about any kind of updates related to the Minimum Wages Act 1948.

It is not possible for business owners to know and remember all the laws and Act(s). Additionally, it is difficult to be always apprised with the amendments and notifications under applicable Labour Laws.

SGC Management Services Pvt. Ltd. has experienced and expert staff, who are well-equipped and updated with the Law and amendments therein, and competent to provides consultancy services for the smoother operation of the business, according to the applicable regulations.