Section 15 of COW : Section 15: Mode Of Payment Of Wages
COW
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Explanation using Example
Imagine a scenario where Priya works at a textile manufacturing company. Her employer has always paid her salary in cash at the end of each month. However, the government has recently issued a notification mandating that all textile companies must pay wages through bank transfers. Following this notification, Priya's employer must comply with Section 15 of The Code on Wages, 2019, and from now on, her wages are to be credited directly to her bank account instead of being paid in cash. This ensures a documented trail of payment and could provide more security for Priya in terms of payment assurance.
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