Restructure of Wages or Compensation is Unnecessary? | To align with New Wage Definition

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Industrial Disputes Act

Industrial law in our country is not of recent origin. Even in ancient India eminent jurists like Manu, Yagnavalkya, Kautilya and Narada had enunciated principles relating to industrial matters. They laid down rules regulating the relations between master and servant in the matter of wages, breach of contract, leave, holidays, efficiency bonus and punishment of employees.