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Compliance for Labour Laws in India
Here’s an overview of the key labor laws in India:
1. Wages and Salary Compliance
Minimum Wages Act, 1948: Sets minimum wage standards for different types of employment. Employers must pay at least the minimum wage set by the government.
Payment of Wages Act, 1936: Ensures timely payment of wages without unauthorized deductions.
Equal Remuneration Act, 1976: Mandates equal pay for men and women performing the same work.
2. Social Security Compliance
Employees’ Provident Fund (EPF) Act, 1952: Provides a retirement savings scheme for employees in specified establishments. Employers are required to contribute to employees' PF accounts monthly.
Employees’ State Insurance (ESI) Act, 1948: Offers medical, cash, and maternity benefits to workers. Employers and employees contribute a portion of wages toward ESI funds.
Payment of Gratuity Act, 1972: Provides gratuity to employees after five years of continuous service upon retirement, resignation, or death.
3. Working Conditions and Safety
Factories Act, 1948: Regulates health, safety, and welfare conditions in factories. This includes proper lighting, ventilation, safety precautions, and working hour restrictions.
Contract Labour (Regulation and Abolition) Act, 1970: Regulates employment conditions for contract laborers and mandates basic welfare measures by contractors.
Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996: Ensures safety, health, and welfare for construction workers with provisions for safety equipment and accident compensation.
4. Industrial Relations Compliance
Industrial Disputes Act, 1947: Governs the resolution of industrial disputes through negotiation, arbitration, and conciliation. It provides mechanisms for lay-offs, retrenchment, and worker compensation during conflicts.
Trade Unions Act, 1926: Regulates the formation, registration, and rights of trade unions, ensuring workers can collectively bargain for better conditions.
5. Welfare and Benefits Compliance
Maternity Benefit Act, 1961: Ensures paid maternity leave and job security for women during pregnancy and post-delivery.
Child Labour (Prohibition and Regulation) Act, 1986: Prohibits the employment of children in certain hazardous occupations and regulates working conditions for children aged 14-18.
6. The Code on Wages, 2019
A consolidated law merging multiple wage-related acts, including the Minimum Wages Act, Payment of Wages Act, Equal Remuneration Act, and the Payment of Bonus Act.
Establishes a national minimum wage, simplifies wage-related compliance, and standardizes definitions across states.
These codes aim to streamline compliance, reduce complexity, and standardize labor laws across India. Once implemented, the new labor codes will replace 29 existing labor laws, making compliance easier and enhancing worker protections.
Importance of Labor Law Compliance
Labour law compliance helps businesses avoid penalties, protect their reputations, and ensure fair treatment of workers. Many companies engage third-party compliance service providers to stay updated on regulatory changes and ensure they meet all required standards.
#Here are some relevant hashtags:#-#LaborLawCompliance#LaborLawsIndia#EmployeeRights#WageCompliance#SocialSecurity#IndustrialRelations#EmployeeWelfare#LabourCodes#FactoriesAct#EmployeeSafety#TradeUnions#MinimumWages#MaternityBenefits#ChildLaborLaw#SexualHarassmentAct#LaborRegulations#IndiaEmploymentLaws#sankhlacorporate#sankhlaconsultants
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The four new Labour Codes introduce a plethora of changes to India’s regulatory framework. Their impact on various domains such as IT/ITes companies, payroll and salaries and more have been the point of discussions nowadays. Examine the impact of each of the four codes on the liabilities of a principal…
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The Race To Get Ready For New Labour Codes
Chocko Valliappa, CEO and managing director of #sonayukti , a #businessowner with interest in sectors ranging from #technology to #textiles, believes that the new #labour codes, once implemented, will be a net positive, but shifting to the new regime is not going to be easy.
Read More: bit.ly/3tv4XTO
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#The report mentioned that the central government has notified four labour codes likely related to wages, social security, occupational safety, health and working conditions. Hindustan Times has published a report, citing experts as it speculated that the reformed codes might give employees in India a privilege of a four-day workweek instead of five days from next year. However, there's a catch, if it happens, the employees might have to work for 12 hours on those four days. For the unversed, the labour ministry has indicated that the 48-hour weekly work requirement will be in place. There's also a possibility that there will be a reduction in in-hand salary and if it happens, the employees' Provident Fund (PF) will be impacted. #wfh #labourlaws #labourcodes #india #citizensconnected #visionforcitizens #salary #income (at India) https://www.instagram.com/p/CYynZqdsAzDWTEnGzT1fOl_F9W9WER2cPT966Q0/?utm_medium=tumblr
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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge Source | economictimes.indiatimes.com | PTI New Delhi, Dec 30 () The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the workforce as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in the exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their workplaces from their native places. Bharatiya Mazdoor Sangh (BMS) Research Wing Head and former General Secretary Virjesh Upadhyay said that firstly, India will have to face a big challenge in terms of restoring jobs of a large number of workers who... https://human-engineers.com/wp-content/uploads/2021/01/H-News.jpg https://human-engineers.com/labour-codes-to-herald-new-wave-of-reforms-in-2021-job-creation-likely-to-be-major-challenge/?feed_id=9370&_unique_id=60d5bbb3ac5b6 https://human-engineers.com/labour-codes-to-herald-new-wave-of-reforms-in-2021-job-creation-likely-to-be-major-challenge/?feed_id=9370&_unique_id=60d5bbb3ac5b6
#Economictimes#India#Indiatimes#JobCreation#LabourCodes#labourministry#LabourReforms#MinistryofLabourEmployment#Newjobs#parliament#SantoshGangwar#SocialSecurity
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For all #employees #labourcodes #ctc #update #labourlaws #india #servicelawyer #advocates #advice #legalseva #advocatesatishmishra (at Sector 17, Chandigarh) https://www.instagram.com/p/CLTQh4_pCj4/?igshid=142vmvq3x0xey
#employees#labourcodes#ctc#update#labourlaws#india#servicelawyer#advocates#advice#legalseva#advocatesatishmishra
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#labourcode#work#labourlaw#UPSCMagazine#UPSCMagazinePDF#UPSCMagazineonline#UPSCMagazineMonthly#BESTUPSCmagazine#CurrentAffairs#Burningissues#monthlymagazineforupsc
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In this video we present a brief overview of the four new labour codes in India. These are the Code of Wages 2019, Industrial Relations Code 2020, Occupational Safety, Health and Working Conditions Code 2020 and the Code on Social Security 2020. #indianlaws #labourcodes #labor #laborlaws
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Scenario: A widely known trafficker fails in the attempt to rape-slay a woman, and holds her “offspring” hostage, while acting Munchhausen by proxy in public fora. Behind closed doors the assailant attempts to hold target prisoner with non-physical, but extensive other forms of violence in order to manipulate the subject into allowing coerced rape-surrogacy or prostitution. More than a year passes, and the unsuccessfull attempt to abuse target intl willing sexual act results in intensifies abuse - thus confirming traffickers deliberate intention of Human rights, and labourcode, crime. If “offspring” be harmed as result Will that prove or disprove...? https://www.instagram.com/p/CRnulLnsnIq/?utm_medium=tumblr
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Simpliance’s professional team will help your organisation to adopt and accurately implement the new labour codes.
Checkout our new Labour Codes consulting catalogue!
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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge Source | economictimes.indiatimes.com | PTI New Delhi, Dec 30 () The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the workforce as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in the exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their workplaces from their native places. Bharatiya Mazdoor Sangh (BMS) Research Wing Head and former General Secretary Virjesh Upadhyay said that firstly, India will have to face a big challenge in terms of restoring jobs of a large number of workers who... https://humanengineers.com/wp-content/uploads/2021/01/H-News.jpg https://humanengineers.com/labour-codes-to-herald-new-wave-of-reforms-in-2021-job-creation-likely-to-be-major-challenge/?feed_id=9459&_unique_id=60d5b94959625 https://humanengineers.com/labour-codes-to-herald-new-wave-of-reforms-in-2021-job-creation-likely-to-be-major-challenge/?feed_id=9459&_unique_id=60d5b94959625
#Economictimes#India#Indiatimes#JobCreation#LabourCodes#labourministry#LabourReforms#MinistryofLabourEmployment#Newjobs#parliament#SantoshGangwar#SocialSecurity
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The Code on Wages, the Industrial Relations Code, the Code on Social Security, and the Code on Occupational Safety, Health, and Working Conditions are the four labour codes that the government has created and published in the Official Gazette for public consumption.
Checkout the state wise information of new Labour Codes
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The four new Labour Codes introduce a plethora of changes to India’s regulatory framework. Their impact on various domains such as IT/ITes companies, payroll and salaries and more have been discussed by everyone. Know more about 360° Implementation of New Labour Codes and their related FAQs.
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The United Nations Interregional Crime and Justice Research Institute published a report regarding the exploitation of Filipino migrant workers in all regions of the modern world: Europe, the Middle East and the Americas. This was observed in the 70’s, though international legislation criminalizing such acts were already in place in the modern format since 1915 - that’s 55 years people. Currently the pandemic has caught the suspicion of the general public and professional sectors - with an even greater emphasis in the Human rights (and labourcodes) applicable to women, migrants and refugees (and of course, as always, the disabled). There is currently a public political hostage/ransom drama playing out in the official discourse with #metoo, #blacklivesmatter and #notinmyname (#ikkeimitnavn). So if we’re hostages, being sandwiched in between multiple kinds of abusers someone has to be willing to let the heads Roll - because it’s happening anyway. https://www.instagram.com/p/CN9PtLOnMdT/?igshid=18nh2mpm8cx5k
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