Govt Clears Ordinance, Companies Can Now Pay Salary Via E-Mode, Cheques - The Indian Express

12/29/2016 Govt clears ordinance, companies can now pay salary via e-mode, cheques | The Indian Express
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Home India Govt clears ordinance, companies can now pay salary via e-mode,cheques
Govt clears ordinance, companies can

now pay salary via e-mode,cheques
It will also allow state governments to specify industrial or other establishments that adopt
cashless way for salary payments.
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SHARES
By: PTI | New Delhi | Updated: December 21, 2016 1:43 pm
http://indianexpress.com/article/india/govt-clears-ordinance-to-let-companiess-pay-salary-via-e-mode-cheque-4438529/ 1/12
The new procedure will serve the objective of digital and less-cash economy, the Bill stated. (File
Photo)
The Centre today decided to bring in an ordinance to amend the Payment of

Wages Act for allowing business and industrial establishments to pay salaries
through cheques or electronically. The Union Cabinet today approved the
ordinance route to amend the Payment of Wages Act, 1936, to allow employers of
certain industries to make payment through the electronic mode and cheques, a
source said.
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Employers will also have the option to pay wages in cash, the source added.
As per practice, the government introduces ordinance to amend laws for

immediate implementation of new rules. An ordinance is valid for six months
only. The government is required to get it passed in Parliament within that
period.
The Payment of Wages (Amendment) Bill, 2016, seeks to amend Section 6 of the
principal Act to enable employers to pay wages to employees through cheques or
by crediting it to their bank accounts electronically.
The Bill was introduced by Labour Minister Bandaru Dattatreya amid din over
the demonetisation issue.
It will also allow state governments to specify industrial or other establishments

that adopt cashless way for salary payments.
The new procedure will serve the objective of digital and less-cash economy, the
Bill stated.
The Act had come into force on April 23, 1936, providing for payment of wages in
coin or currency notes, or in both. The provision for payment of wages by cheque
or crediting it into bank account after obtaining the requisite authorisation of
employee was inserted in 1975.
At present, the Act covers all those employees in certain categories of

establishments whose wage does not exceed Rs 18,000 per month.
The Centre can make rules regarding payment of wages in relation to railways,
air transport services, mines, oil fields and its establishments while states take a
call on all other cases.
By making state-level amendments to the Act, Andhra Pradesh, Uttarakhand,

Punjab, Kerala and Haryana have already made provisions for payment of
wages through cheque and electronic transfer.
At present, with the written authorisation of an employee, wages can be given

through cheque or transferred to his or her bank account.
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ME
Name Email Post
I agree on T&C
Harun
H Lets be constructive,it will help workers get the salary which is filed by Company in
4415 its Balance Sheet.
How many are aware about Teachers in aided Institutions being paid Half as Much
as what is made out by the Managements in the Balance sheets.
It was time workers get their wages.
In MNREGA as well such charges are common.
Wonder if this applies to Domestic helps as well.
7 days ago (0) (0) Reply (0)
Khushminder Sahasi
Will Govt. compensate companies for their losses?
495
(0) (0) Reply (0)
Khushminder
Professional Civil Engineer . w orked in three continets . studied at rajasthan, Kerala, Pune universities.presently
470 employed w ih Caltrans CA.
who will bear burden of the loss to compnies due to no production plus pay full
salary?
Saurabh
S "The provision for payment of wages by cheque or crediting it into bank account
185 after obtaining the requisite authorisation of employee was inserted in 1975."
If it was already done in 1975, what's new in this ordinance?

archie Khushminder Up voted
P Shankar
PS Prior permission was required

Vinu Up voted
P Shankar
PS "The provision for payment of wages by cheque or crediting it into bank account
after obtaining the requisite authorisation of employee was inserted in 1975"
Vihari Naidu
Companies will grant one day leave per week to stand in line in front of the banks to
775 withdraw Rs.2000 per week

archie 2b Deepali Up voted
Vinu rinku Anil Down voted
N.Balutwo
N Really a good enactment to the benefit of industrial and private workers. IIIrly if the
payment for employees state insurance,EPF and other beneficial social security
payments also made compulsory modiji's govt. Will be applauded by all.

Nanban rinku Anil Up voted
Murali
M congress started depositing the salary of MANREGA beneficiaries..then Old age
Pension was deposited..the communist party unions said that Private colleges were
not giving prescribed salary..and the management took signature for rs.50000 and
paid only
rs.15000..and they wanted salary of teachers of aided institutions to be deposited
directly in the account..Now the BJP wants salary to be deposited by companies in
the account..there is nothing wrong it is very good scheme.

Nanban Deepali Up voted
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12/29/2016 Govt clears ordinance, companies can now pay salary via e-mode, cheques | The Indian Express

Govt clears ordinance, companies can

223 Facebook Tw itter Google+ Email

By: PTI | New Delhi | Updated: December 21, 2016 1:43 pm

The Centre today decided to bring in an ordinance to amend the Payment of

Watch What Else Is Making News

PM Modi Pays Tribute To Former MP CM Sunderlal Patwa

As per practice, the government introduces ordinance to amend laws for

the demonetisation issue.

It will also allow state governments to specify industrial or other establishments

At present, the Act covers all those employees in certain categories of

By making state-level amendments to the Act, Andhra Pradesh, Uttarakhand,

At present, with the written authorisation of an employee, wages can be given

Give your rating: Average: 3.7 stars from 3 ratings

Post your opinion...

Name Email Post

It was time workers get their wages.

In MNREGA as well such charges are common.

Wonder if this applies to Domestic helps as well.

7 days ago (0) (0) Reply (0)

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Talk of the town

Anushka, Virat latest

Anushka, Virat latest

Apple MacBook Pro

Apple MacBook Pro

DEC 29: LATEST NEWS

Nepal Police ban road

Chinese middle class in uproar over alleged

Vision ahead: Rights

PM Modi likely to address

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