Marx believes the class struggle to be the very center of every functioning society. Industries being a major driving force in it is function of the society, do experience class struggle between the employer and labour class.
Discover the ins and outs of India’s National Pension System (NPS) – eligibility, contributions, investments, tax benefits, and legal insights. Plan your retirement wisely.
In recent years, there has been a growing debate over the optimal corporate governance structure, particularly with regards to voting rights and shareholder control. One of the most commonly used rules for electing controlling management is the simple majority voting rule, which gives each shareholder one vote per share.
India’s labour laws have developed over time to reflect the country’s shifting social and economic landscape. The Indian Factories Act, the first labour legislation in India, was enacted in 1881 to control working conditions in factories. Since then, several laws and rules have been put into place to safeguard workers’ rights and guarantee ethical and just employment practises.
In recent years, there has been a growing awareness of the need to protect women in the workplace. Women have made significant strides in the workforce, but they continue to face unique challenges related to discrimination, harassment, and unequal pay. Employers have a responsibility to create safe and inclusive work environments where women can thrive and achieve their full potential.
The labor laws in India have undergone significant changes and reforms in recent years, with the government consolidating various laws into four codes – the Industrial Relations Code, the Occupational Safety, Health and Working Conditions Code, the Social Security Code, and the Wage Code.
Learn about the EPS 95 higher pension application validation process by the employer and EPFO. Guidelines, submission steps, approval, rejection reasons, and grievance handling explained.
The trade union movement in contemporary India faces a dynamic landscape of challenges and opportunities. On one hand, trade unions play a crucial role in advocating for the rights and welfare of workers, improving working conditions, and achieving collective bargaining agreements with employers.
Every year, all company taxpayers need to file form MSME-1 by a notification dated 2nd November, 2018 but it holds a huge significance this year as the payments would be disallowed by the Income Act authorities if payment is not made within 45 days.
Through Finance Act 2023 a new clause (h) has been added to Sec. 43B of the Income Tax Act and is made applicable from assessment year 2024-25 i.e. Financial year 2023-24.
