Into which labour code were the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976 subsumed?
Question and options
Into which labour code were the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976 subsumed?
Code on Wages, 2019
Code on Social Security, 2020
Occupational Safety, Health and Working Conditions Code, 2020
Industrial Relations Code, 2020
Answer and explanation
Correct answer: A - Code on Wages, 2019
The Code on Wages, 2019 consolidated the Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976; bonus is now in Chapter IV of that Code. The Code on Social Security, 2020 took over gratuity, provident fund, maternity benefit and employees' compensation, but not bonus.
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