CoW 2019
Code on Wages, 2019
Consolidates 4 central Acts on wages and bonus: Payment of Wages Act 1936, Minimum Wages Act 1948, Payment of Bonus Act 1965 and Equal Remuneration Act 1976.
What it covers
- Universal minimum wage applicable to ALL employees (not just scheduled employment)
- Floor wage notified by Central Government, state minimum can be higher
- Bonus thresholds: ₹21,000 wage cap, 8.33% min – 20% max
- Equal remuneration for same / similar work irrespective of gender
- Penalties: ₹50,000–₹1,00,000 for first contravention
Worker thresholds → obligations
| Trigger | Obligation |
|---|---|
| All employees | Minimum wage, timely payment |
| ≥ 20 (gov factory) / others as notified | Bonus eligibility |