Remuneration on transition

General202622 sections4 chapters

Chapter III TRANSITION TO DIRECT CONTRACTUAL ENGAGEMENT

Statutory text

(1) The remuneration payable to a Contractual Appointee on and after transition under this Act shall be such, as may be determined by the Department of Finance, by general or special instructions issued from time to time: Provided that,-
- (a) such remuneration shall not be lower than the net take-home component of the remuneration being paid to the personnel during his engagement on outsourcing basis, exclusive of the statutory contributions;
- (b) such remuneration shall not be lower than the minimum rate of wages fixed for the specific category of skill under the Code on Wages, 2019 (Central Act No. 29 of 2019), or under any other law relating to minimum wages for the time being in force; and
- (c) additional benefits arising from the difference between the previously paid outsourced contract value and the direct wage cost may be passed on to the Contractual Appointee after deductions of Provident Fund, Employees' State Insurance, Gratuity or any other standard deductions or contributions, in accordance with the instructions of the Department of Finance.

Study data processing for this section.

PDF: pending for this language.