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Interest on late payment of VAT. MVAT Slab and Due Date. Employment Law and Labour Law In India. On April 1, 2010. The Payment of Wages Act extends to the whole of India. The Act is not applicable to persons whose wages are 1600 or more per month. For more details read this. asp? Posted in Law and Acts. On March 25, 2010. Now no need to ask anybody for the tax computation.