SHORT ANSWER:
Overtime pay for private sector employees is governed by the Factories Act, 1948.
DETAILS:
- Employees working more than 48 hours a week are entitled to overtime pay.
- Overtime pay is calculated at double the ordinary rate of wages for hours worked beyond the standard limit.
PUNISHMENT / IMPLICATIONS (if applicable):
- Employers failing to pay overtime can face penalties under the Act.
SOURCE:
- Factories Act, 1948
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