One of the biggest problems that one will face while trying to find out what applies and what does not in the subject LABOUR (definitely with reference to Maharashtra - not sure about other states) is the lack of proper information on the Govt. / Department of Labour website. Whatever is found is mostly outdated. "Mahakamgar" which is supposed to be official website is far from being friendly and useful. One has to be highly tech savvy and has to have infinite patience to get something that is somewhat useful.
After a lot of effort, I came across the Maharashtra Shops and Establishments Act of 2017 and the Rules framed thereunder in 2018. What I found I now attach. May be someone will find it useful.

From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf Shops_Establishment_Regulation_of_Employment_Conditions_Eng_27.02.2018.pdf (147.4 KB, 86 views)
File Type: pdf Regulation_of_Employment_Conditions_of_Service_Rules_2018.pdf (749.2 KB, 58 views)

As you mentioned Your business with in a limit of Municipal corporation limits. You have shop Act license visit to Shop Act office they will guide you better. You can Purchase Maharashtra Minimum Wages Act book and get your Minimum wages and Dearness Allowance.
From India, Pune
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