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What is the maximum amount of fine that can be imposed on an employed person in any one wage-period?
- a)1% of the wages payable in that wage-period.
- b)2% of the wages payable in that wage-period.
- c)3% of the wages payable in that wage-period.
- d)5% of the wages payable in that wage-period.
Correct answer is option 'C'. Can you explain this answer?
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What is the maximum amount of fine that can be imposed on an employed ...
The total amount of fine that can be imposed on an employed person in any one wage-period shall not exceed an amount equal to 3% of the wages payable to him in respect of that wage-period, according to Section 8(4) of the Act.
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What is the maximum amount of fine that can be imposed on an employed ...
Explanation:
Maximum fine on an employed person:
- As per the Payment of Wages Act, 1936, the maximum amount of fine that can be imposed on an employed person in any one wage-period is 3% of the wages payable in that wage-period.
- This means that the fine imposed on an employee cannot exceed 3% of the wages they are entitled to receive for that particular wage-period.
Importance of the Limit:
- The limit on fines ensures that an employer cannot impose excessively high fines on employees, thereby protecting the rights and interests of workers.
- It prevents exploitation and ensures that fines are reasonable and proportionate to any misconduct or violation by the employee.
Compliance with Legal Regulations:
- Employers must adhere to the statutory limit on fines as prescribed by the Payment of Wages Act, 1936 to avoid any legal repercussions.
- Failure to comply with the regulations can lead to penalties or legal actions against the employer.
Employee Rights Protection:
- The maximum fine limit safeguards the financial well-being of employees by preventing unfair deductions from their wages.
- It upholds the dignity and rights of workers by ensuring that fines are imposed within reasonable limits.
Conclusion:
- In conclusion, the maximum amount of fine that can be imposed on an employed person in any one wage-period is 3% of the wages payable in that wage-period, as per the Payment of Wages Act, 1936. This provision aims to protect the interests of employees and promote fair labor practices in the workplace.
Maximum fine on an employed person:
- As per the Payment of Wages Act, 1936, the maximum amount of fine that can be imposed on an employed person in any one wage-period is 3% of the wages payable in that wage-period.
- This means that the fine imposed on an employee cannot exceed 3% of the wages they are entitled to receive for that particular wage-period.
Importance of the Limit:
- The limit on fines ensures that an employer cannot impose excessively high fines on employees, thereby protecting the rights and interests of workers.
- It prevents exploitation and ensures that fines are reasonable and proportionate to any misconduct or violation by the employee.
Compliance with Legal Regulations:
- Employers must adhere to the statutory limit on fines as prescribed by the Payment of Wages Act, 1936 to avoid any legal repercussions.
- Failure to comply with the regulations can lead to penalties or legal actions against the employer.
Employee Rights Protection:
- The maximum fine limit safeguards the financial well-being of employees by preventing unfair deductions from their wages.
- It upholds the dignity and rights of workers by ensuring that fines are imposed within reasonable limits.
Conclusion:
- In conclusion, the maximum amount of fine that can be imposed on an employed person in any one wage-period is 3% of the wages payable in that wage-period, as per the Payment of Wages Act, 1936. This provision aims to protect the interests of employees and promote fair labor practices in the workplace.
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What is the maximum amount of fine that can be imposed on an employed person in any one wage-period?a)1% of the wages payable in that wage-period.b)2% of the wages payable in that wage-period.c)3% of the wages payable in that wage-period.d)5% of the wages payable in that wage-period.Correct answer is option 'C'. Can you explain this answer?
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