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Q. |
XYZ Ltd., to which the Payment of Wages Act, 1936 is applicable, fixes the wages period of 36 days. You as a Cost and Management Accountant of the Company, how would youadvice the company. |
A. | There is no problem in the above act of the Company |
B. | As per Section 4(2) of the Act, no wage period can exceed one month. So the company would be advised accordingly. |
C. | The wages period can be more than 30 days subject to approval of appropriate Government |
D. | The company should take permission of Inspector of the factory. |
Answer» B. As per Section 4(2) of the Act, no wage period can exceed one month. So the company would be advised accordingly. |
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