Explain the deductions that can be made from the wages of an employee under Payment of Wages Act, 1936.

The following deductions can be made from the wages of an employee under Section 7 of the Payment of Wages Act, 1936: fines; absence from duty; damage to or loss of goods expressly entrusted to the employee; housing accommodation and amenities provided by the employer; recovery of advances or adjustment of overpayments of wages; recovery of loans made from any fund constituted for the welfare of labour in accordance with the rules approved by the State Government, and the interest due in respect thereof; subscriptions to and for repayment of advances from any provident fund; income-tax; payments to co-operative societies approved by appropriate Government or any officer specified by it in this behalf or to a scheme of insurance maintained by the Indian Post Office; deductions made with the written authorisation of the employee for payment of any premium on his life insurance policy or purchase of securities.