Sponsored
    Follow Us:
Sponsored
Government reduces number of forms and Reports from 36 to 12 to lessen costs and compliance burden of various establishments.

The Government has undertaken an exercise to promote ease of compliance of LabourLaws and Rules byvarious establishments. The “Rationalisation of Forms and Reports under Certain Labour Laws Rules, 2017” has reduced the number of forms and reports prescribed under 3 Acts and the Rules made thereunder from 36 to 12. The overall aim of the exercise is to make the forms and reports easy to understand for the users. This will save efforts, costs and lessen the compliance burden of various establishments.As per the sixth Economic Census of Central Statistical Office, conducted during 2013-2014,there are about 5.85 crore establishments in agriculture and non- agriculture sectors of the country.

While reviewing the requirement of filing forms under various Labour Lawsit was observed that 36 forms prescribed under 3 Acts and the Rules made there under had several overlapping/redundant fields. Therefore, an exercise was undertaken by the Ministry of Labour and Employment to do away with overlapping fields and reduce the number of forms. An intention notification for reducing the number of forms and reports was placed in the public domain on 9th February, 2017 and objections and suggestions thereon were sought from all stake-holders.

The Labour Laws under which these forms are filed include:

(I)    The Contract Labour (Regulation and Abolition) Act, 1970

(II)    The Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979

(III)    The Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996.

Source- Press Information Bureau, Government of India, Ministry of Labour & Employment, Dated: 10-April-2017 

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031