The Indian government intends to make amendments to Section 6 of the Payment of Wages Act, which regulates the payment of wages of certain classes of employed persons. The amendment would enable employers to obtain a worker’s written permission to pay either by cheque or by crediting their wages to his or her bank account.
VIXIO PaymentCompliance is a comprehensive regulatory analysis and monitoring solution. We help compliance teams track and monitor regulatory changes, helping them prepare for new requirements and identify where action needs to be taken to ensure compliance.
Trusted by compliance professionals and legal consultants, VIXIO PaymentsCompliance empowers firms to make the right decisions to protect and grow their business, in a more cost-effective and efficient way.
Whether it is entering a new or emerging market, procuring or expanding new licences, staying on top of day-to-day compliance or to gain competitive advantage, VIXIO has the solution.
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