Private Limited Company Rules

Here are some key rules regarding wages in India under the Payment of Wages Act, *:
- Wages must be paid on time, usually by the 7th or 10th day of the month.
- No unauthorized deductions can be made from wages.
- Deductions are allowed for fines, absence, damage, advances, and taxes.
- Employees must receive a wage slip detailing their earnings and deductions.
- Employers must maintain wage records for inspection.
If you have specific questions or need more detailed information, feel free to ask!

Yes, wages can be paid weekly in India. The Payment of Wages Act, * allows for wages to be paid daily, weekly, fortnightly, or monthly, as long as they are paid on time. If you have specific queries about wage payments or need more detailed information, feel free to ask!

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In India, there isn't a specific "credit limit" for weekly wages. The Payment of Wages Act, * governs wage payments, allowing them to be made weekly if agreed upon by both parties. The focus is on timely payment rather than a credit limit. If you have more questions, feel free to ask!

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In general, auditing issues can arise if there are discrepancies or non-compliance with legal regulations. For a Private Limited Company in India, maintaining accurate financial records, ensuring compliance with tax laws, and adhering to company law regulations are crucial to avoid auditing issues. Do you have any specific concerns regarding auditing?

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It seems like your query is about compliance with wage payment and auditing for a Private Limited Company. If the weekly wage payment is approximately ₹*,*, ensure compliance with the Payment of Wages Act, *. Accurate record-keeping will help avoid auditing issues. If you have any specific concerns, feel free to ask!

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Paying weekly wages of ₹*,* is legal and falls under the Payment of Wages Act, *. Ensure timely payment and accurate record-keeping to avoid auditing issues. If you have specific concerns or need further legal advice, consider consulting a professional.

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In India, there's no specific legal cap on weekly wages. The Payment of Wages Act, * emphasizes timely payment rather than a fixed amount. Weekly wages should be mutually agreed upon by the employer and employee. Ensure compliance with minimum wage laws applicable in your region.