Section 7 of Code on Wages 2019 : Components of minimum wages

7. (1) Any minimum rate of wages fixed or revised by the appropriate Government under section 8 may consist of--

(a) a basic rate of wages and an allowance at a rate to be adjusted, at such intervals and in such manner as the appropriate Government may direct, to accord as nearly as practicable with the variation in the cost of living index number applicable to such workers (hereinafter referred to as "cost of living allowance"); or

(b) a basic rate of wages with or without the cost of living allowance, and the cash value of the concessions in respect of supplies of essential commodities at concession rates, where so authorised; or

(c) an all-inclusive rate allowing for the basic rate, the cost of living allowance and the cash value of the concessions, if any.

(2) The cost of living allowance and the cash value of the concessions in respect of supplies of essential commodities at concession rate shall be computed by such authority, as the appropriate Government may by notification, appoint, at such intervals and in accordance with such directions as may be specified or given by the appropriate Government from time to time.

The Code on Wages 2019

Section 2 definitions - Code on Wages 2019

Section 3 Prohibition of discrimination on ground of gender, Section 4 Decision as to disputes with regard to same or similar nature of work

Section 5 Payment of Minimum rate of Wages, Section 6 Fixation of Minimum wages

Section 7 Components of Minimum Wages

Section 8 Procedure for fixing and revising minimum wages

Section 9 Power of Central Government to fix floor wage

Section 10 Wages of employee who works for less than normal working day

Section 11 Wages for two or more classes of work Section 12 Minimum time rate piece work

Section 13 Fixing hours of work for normal working day