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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