Author - Associate Kantika Mukherjee
India has seen a huge development of business and economic growth in the recent times. Labour Law compliance in India is basically set of terms or conditions of employment. For carrying out business, corporations are required to meet statutory compliance requirements. There are many laws and acts that a firm is required to follow. If the corporation fails to comply with the regulations then it may lead towards punitive action from the concerned authorities. There are central laws, as well as there are state laws with which a business is required to comply with.
Labour Law compliance in India is primarily focused on safeguarding the protection of the rights of employees. It regulates companies, workers as well as trade unions through several compliances towards securing the rights of the workers and labour at large. However, labour law compliance in India are imposed by the State as well as the Central Government. Abiding to Labor Law compliances is essential for every big and small company to keep their businesses safe and secured from any legal trouble.
In this article, we would state certain key provisions and applicability criteria of the various labour compliance applicable in India.
Importance of labour compliance
The companies in India must carry out statutory compliance under various Labour Laws. The range of labour compliance is not restricted to filing returns and maintaining statutory deposits and records by means of the company. For any legal trial, these records shall be produced as evidence under various statues. Also, if the business or company in any case fails to make the industrial law compliance, there are strict penalties specified by the law.
Indian Labour Law contains various acts consisting of every possible aspect for the protection of labour rights. The application of the law relies on the type of firm. Also, there are many laws which are applicable to employer as well as employee respectively.
The concepts under Labour Law
Labour Law includes employee benefits as well as termination, the rules and regulations for workers, and so forth. There are many acts that are included in the labour Compliance rules. The major acts which are included in the lndustrial law compliance rule are:
The List of Labor Laws in India are-
Laws relating to Industrial law compliance are,
Law relating to Wages is,
Laws relating to working hours, conditions of service and employment are,
Laws relating to Equity and Empowerment of Women are:
Laws relating to Prohibitive Labour Laws are:
Laws relating to Employment and Training
Laws relating to social security are:
Current Amendment of the India's Labour Laws
The government of India has proposed one license, one registration, and one return for establishments for Indian companies. The Code on Occupational Safety, Health and Working Conditions (OSHW), 2019, has been introduced by Labour and Employment Ministry in The Parliament lately.
The proposed Bill seeks out to consolidate 13 labour laws, which includes the Factories Act, 1948, and the Contract Labour (Regulation and Abolition) Act, 1970. Presently, under these 13 laws, an establishment is needed to do six registrations. All the industrial law compliance are necessary for the labours and for justice.
For any Employment and Labour Laws related matter, please Post Your Requirement anonymously and get free proposals OR find the Best Employment and Labour Laws Lawyers and book a free appointment directly.