labour laws

Minimum wages Rate Chart as 01.04.2016

Corporate Law - (a): The rates of minimum wages fixed for agriculture and non­agricultural workers in the Central Sphere is at Annexure I. The range of minimum wages in the State Sphere is at Annexure II. (b) to (d): There is a wide regional disparity in minimum wages due to variations in socio-economic and agro-climatic conditions, income, prices of es...

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Ways to Make Your Payroll Process Compliant & Error Free

Corporate Law - In this competitive business arena, it is indeed a challenge for every organization to meet the regulatory requirements in terms of compliance. There are many government related taxes that are levied with regard to the monthly payroll for employees and in turn the organizations. The acts and laws that relate to statutory compliance also w...

Read More

How does Leave Management Help Cut Labor Costs

Corporate Law - Leave Management/Attendance Management is one of the most vital aspects in workforce management. Leave/Absenteeism may occur in organization due to a wide variety of reasons. Ultimately this is an aspect that directly hits the organizational productivity and indirectly affects the bottom line, therefore the ROI....

Read More

Ways to Curtail Labor Cost with Time & Attendance Solutions

Corporate Law - Manpower, often referred to as labor is one of the primary concerns of every business. There comes the need of an efficient HR process in place to handle this manpower or labor. When we take HR process, we have two definitions. One part of it is concerned with acquiring manpower which is termed as recruitment […]...

Read More

Labour laws amendment bill to exempt unit upto 40 workers

Corporate Law - The Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988 presently provides for exemption by way of allowing 'very small' establishment (employing up to 9 workers) to maintain only one register and submit one return and 'small establishments' (employing 10 to 19 workers) to maintain...

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Minimum rates of wages under Minimum Wages Act, 1948

Corporate Law - The Government is in the process of consulting various stake holders and is yet to take a final decision on the proposal for amending the Minimum Wages Act, 1948 and fixing a statutory National Floor Level Minimum Wage....

Read More

Benefit of EPF Scheme to Industrial Workers and People Covered under EPF and ESIC

Corporate Law - Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 statutorily applies to employees getting wages upto Rs. 6500/- in respect of scheduled establishments employing 20 or more workers. State-wise details are given at Annexure.The mechanism to regulate and monitor the implementation of Labour Laws is incorporated in respect...

Read More

Payment of Gratuity (Amendment) Act, 2009 – Amendment in section 2 and insertion of section 13A, Change in definition of employee

Corporate Law - In the Payment of Gratuity Act, 1972 (39 of 1972) (hereinafter referred to as ‘the principal Act’), in section 2, for clause (e), the following clause shall be substituted, namely:—‘(e) “employee” means any person (other than an apprentice) who is employed for wages, whether the terms of such employment are express or implied...

Read More

Company Secretary may be allowed to issue certificate validating compliance with the numerous employment laws

Corporate Law - While the Manmohan Singh government’s Left-free second innings is expected to usher in changes to India’s archaic labour laws, the labour ministry is working on a quick-fix solution to help drop the country’s notorious ‘inspector raj’ tag. If all goes to plan, India Inc would no longer have to deal with labour inspectors turnin...

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Labour norms eased for firms with 40 workers

Corporate Law - New Delhi, Oct 25 The Government has approved easing of labour laws to exempt establishments employing up to 40 workers from maintaining mandatory registers and submitting returns.The Government proposes to introduce a simplified form, which will give relief to employers of such establishments, who are currently required to maintain regis...

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EPF Notification enhancing statutory wage ceiling to ₹ 15,000/-

No. Co-ord/3(6)2011 - (28/08/2014) - Ministry of Labour & Employment issued notifications enhancing statutory wage ceiling from existing Rs. 6,500/- to ₹ 15,000/-, fixing minimum pension of ₹ 1000/- per month and 20% additional relief on the amount of assurance benefit admissible under EDLI Scheme, 1976....

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Recent Posts in "labour laws"

Minimum wages Rate Chart as 01.04.2016

(a): The rates of minimum wages fixed for agriculture and non­agricultural workers in the Central Sphere is at Annexure I. The range of minimum wages in the State Sphere is at Annexure II. (b) to (d): There is a wide regional disparity in minimum wages due to variations in socio-economic and agro-climatic conditions, income, prices of es...

Read More

EPF Notification enhancing statutory wage ceiling to ₹ 15,000/-

No. Co-ord/3(6)2011 (28/08/2014)

Ministry of Labour & Employment issued notifications enhancing statutory wage ceiling from existing Rs. 6,500/- to ₹ 15,000/-, fixing minimum pension of ₹ 1000/- per month and 20% additional relief on the amount of assurance benefit admissible under EDLI Scheme, 1976....

Read More

Ways to Make Your Payroll Process Compliant & Error Free

In this competitive business arena, it is indeed a challenge for every organization to meet the regulatory requirements in terms of compliance. There are many government related taxes that are levied with regard to the monthly payroll for employees and in turn the organizations. The acts and laws that relate to statutory compliance also w...

Read More
Posted Under: Corporate Law |

How does Leave Management Help Cut Labor Costs

Leave Management/Attendance Management is one of the most vital aspects in workforce management. Leave/Absenteeism may occur in organization due to a wide variety of reasons. Ultimately this is an aspect that directly hits the organizational productivity and indirectly affects the bottom line, therefore the ROI....

Read More
Posted Under: Corporate Law |

Ways to Curtail Labor Cost with Time & Attendance Solutions

Manpower, often referred to as labor is one of the primary concerns of every business. There comes the need of an efficient HR process in place to handle this manpower or labor. When we take HR process, we have two definitions. One part of it is concerned with acquiring manpower which is termed as recruitment […]...

Read More
Posted Under: Corporate Law |

Minimum rates of wages under Minimum Wages Act, 1948

The Government is in the process of consulting various stake holders and is yet to take a final decision on the proposal for amending the Minimum Wages Act, 1948 and fixing a statutory National Floor Level Minimum Wage....

Read More
Posted Under: Corporate Law |

Benefit of EPF Scheme to Industrial Workers and People Covered under EPF and ESIC

Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 statutorily applies to employees getting wages upto Rs. 6500/- in respect of scheduled establishments employing 20 or more workers. State-wise details are given at Annexure.The mechanism to regulate and monitor the implementation of Labour Laws is incorporated in respect...

Read More
Posted Under: Corporate Law |

Labour laws amendment bill to exempt unit upto 40 workers

The Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988 presently provides for exemption by way of allowing 'very small' establishment (employing up to 9 workers) to maintain only one register and submit one return and 'small establishments' (employing 10 to 19 workers) to maintain...

Read More
Posted Under: Corporate Law |

Payment of Gratuity (Amendment) Act, 2009 – Amendment in section 2 and insertion of section 13A, Change in definition of employee

In the Payment of Gratuity Act, 1972 (39 of 1972) (hereinafter referred to as ‘the principal Act’), in section 2, for clause (e), the following clause shall be substituted, namely:—‘(e) “employee” means any person (other than an apprentice) who is employed for wages, whether the terms of such employment are express or implied...

Read More
Posted Under: Corporate Law |

Company Secretary may be allowed to issue certificate validating compliance with the numerous employment laws

While the Manmohan Singh government’s Left-free second innings is expected to usher in changes to India’s archaic labour laws, the labour ministry is working on a quick-fix solution to help drop the country’s notorious ‘inspector raj’ tag. If all goes to plan, India Inc would no longer have to deal with labour inspectors turnin...

Read More
Posted Under: Corporate Law |
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