Companies looking to grow their businesses, gain market share, and strengthen their overall competitive position frequently employ merger and acquisition (M&A) activities.
Article, discuss applicability of cost records under Indian law, legal provisions governing them, and procedures for maintaining them in compliance with latest amended rules and laws.
Gender neutrality in the workplace is a subject that has been debated for many years. Women were frequently barred from or treated unfairly in the employment in the past, when many workplaces had a male predominance.
Let’s start with the basic definition of Layoff which is common in most of the countries, i.e., Temporary suspension or interruption of working hours of an employee for a statutory layoff period, caused due to external factors like recession, loss in business, pandemic etc, apart from that, the employer has the right to summon the employee back to work at any moment before the statutory period expires and contractual relationship remains intact.
Where a worker works in a factory for more than nine hours in any day or for more than forty-eight hours in any week, he shall, in respect of overtime work, be entitled to wages at the rate of twice his ordinary rate of wages
Alternative Dispute Resolution (ADR) mechanisms are gaining momentum in India’s labour law enforcement system. It has become an essential tool to resolve conflicts and disputes in the workplace. The traditional court system is seen as time-consuming, expensive, and complicated, leading to a backlog of cases.
As work-from-home and hybrid working have become more common, employees have found that they are more comfortable managing and engaging in activities besides the specified work obligations that serve as their primary source of revenue.
Understand the intricacies of Section 18 of the CGST Act 2017, which deals with the availability of Input Tax Credit in special circumstances. Explore its provisions on exempt supply, credit of capital goods, and credit period availability. Get answers to FAQs on claiming ITC under various scenarios, including registration, voluntary registration, and changes in business constitution. Learn about the time limit for claiming ITC on goods and services and the treatment of ITC in case of capital goods. Ensure compliance with GST regulations through a detailed overview of Section 18.
Industrial Dispute Act is enacted in year 1947 by the parliament of India in order to make the provisions for the investigation and settlement of industrial disputes, and for certain other purposes. It is labour legislation to protect the workmen against victimization by employers and to ensure social justice to both employers and employees. It lays down the provisions related to lay offs in India.
A contractual employee is defined under Section 2(b) of The Contract Labor (Regulation and Abolition) Act, 1970 which states that a contractual employee is employed by a principal employer in connection with the work of an establishment through a contractor.
