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State of Maharashtra - Section

Section 29 in The Maharashtra Beedi and Cigar Workers (Conditions of Employment) Rules, 1968

29. Method of calculating cash equivalent of concessional sale of foodgrains etc.

(1)The cash equivalent of the advantage accruing through the concessional sale to an employee of foodgrains and other articles shall be computed at the end of every wage period fixed under the provisions of the Payment of Wages Act, 1936 (4 of 1936).
(2)For the purposes of section 18 the cash equivalent of the advantage accruing through the concessional sale of foodgrains and other articles to an employee required to work overtime shall be computed as a sum equivalent to (he difference between the value of such foodgrains and other articles at the average market rates prevailing during the wage period in which the employee worked overtime and the concessional price thereof.