Business Studies, asked by prasadgowd, 6 months ago

if any organization wage payment Bills are pre pared by​

Answers

Answered by bandameedipravalika0
0

Answer:

Concept:

  • The Payment of Wages Act of 1936 was enacted primarily to stop improper deductions from wages as well as eliminate needless delays in salary payments.

Explanation:

  • The term "wages" has been defined as all compensation (including salary, allowances, and other forms of payment) due to an employee in exchange for services rendered throughout the course of employment. The following are considered wages under the Payment of Wages Act: Any remuneration payable under any award, settlement, or court order; Any remuneration to which the employee is entitled in relation to overtime work, vacations, or any leave period;
  • All salaries owed to each and every employee that an employer hires must be paid. In all other circumstances, whoever the employer identifies, designates, or makes accountable to the employer is in charge of paying the employee's salary.
  • The employer is liable for paying all wages that the Act requires him to pay, regardless of what is stated in sub-section (1). In fact, the employer is responsible if the contractor or the person the employer selects to make the payment fails to do so.
  • It is prepared by the organization itself.

#SPJ2

Answered by navyadugar2426
0

Answer:

Concept:

The Payment of Wages Act of 1936 was enacted primarily to stop improper deductions from wages as well as eliminate needless delays in salary payments.

Explanation:

The term "wages" has been defined as all compensation (including salary, allowances, and other forms of payment) due to an employee in exchange for services rendered throughout the course of employment. The following are considered wages under the Payment of Wages Act: Any remuneration payable under any award, settlement, or court order; Any remuneration to which the employee is entitled in relation to overtime work, vacations, or any leave period;

All salaries owed to each and every employee that an employer hires must be paid. In all other circumstances, whoever the employer identifies, designates, or makes accountable to the employer is in charge of paying the employee's salary.

The employer is liable for paying all wages that the Act requires him to pay, regardless of what is stated in sub-section (1). In fact, the employer is responsible if the contractor or the person the employer selects to make the payment fails to do so.

It is prepared by the organization itself.

#SPJ2

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