Impact of the Definition of Wage on Salaries and Payroll

Overview of the Definition and Its Effect Wages as defined under Section-2(y) of the Code on Wages, 2019 or Section-2(zq) of the Industrial Relations Code, 2020 or Section-2(88) of the Code on Social Security, 2020 and Section-2(zzj) of the Occupational Safety, Health and Working Conditions Code, 2020 reads uniformly. Thus, for all of the twenty-nine Central labour laws subsumed into four labour codes, ‘wages’ has the same meaning and import from a definitional perspective. The…

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