Which of the following has not been included in the definition of 'wages' as given in section 2(vi) of the Payment of Wages Act, 1936:

CS Executive · Industrial, Labour & General Laws · PYQS · December 2020
Which of the following has not been included in the definition of 'wages' as given in section 2(vi) of the Payment of Wages Act, 1936:
(A) Any additional remuneration paid in the form of bonus
(B) Any remuneration payable under any award or settlement between the parties or order of a court
(C) Any remuneration paid in respect of overtime work
(D) Any bonus under a scheme of profit sharing which does not form part of the remuneration payable under the terms of employment

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Industrial Law

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