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Foreign companies in India may additionally struggle to apprehend and calculate the minimum wage because it varies with the aid of the nation and is classed primarily based on a variety of factors, together with geography, industry, skill degree, and type of paintings. The minimal salary has long been controlled using the Minimum Wages Act of 1948. This is now situation to the phrases of the Code of Wages Act, 2019, which was notified in August 2019. The Code on Wages Act replaces four labor policies: the Minimum Wage Act of 1948, the Payment of Wages Act of 1936, the Payment of Bonus Act of 1965, and the Equal Remuneration Act of 1976.
