LABOUR LAWS
LABOUR LAWS
Labour law compliance
Hiring the Employee and compliance with labour laws goes hand in hand. There are various labour laws enacted by the government to ensure safety and welfare of employees. Some of
the Acts are mentioned below:
- The Karnataka Shops and Establishments Act, 1961
- Employees’ Provident Fund and other Miscellaneous Provisions Act, 1952
- Employees’ State Insurance Act, 1948
- The payment of Gratuity Act, 1972
- The Industrial Dispute Act, 1947
- The Trade Union Act, 1926
- The workmen's compensation Act, 1923
- The Payment of Wages Act, 1936
- The Factories Act, 1948
Provident Fund Compliance
New PF rules Non-taxable accounts will also include their closing account, which has a March 31, 2021 expiration date. The new PF rules will be in effect beginning with the next fiscal year, on April 1, 2022
ESI Compliance
ESI calculation comprises of various elements of an employee’s monthly salary such as Basic Pay, Dearness Allowance, City Compensatory Allowance,HRA,Incentives,Attendance and Overetime Payments,Meal Allowance,Uniform Allowance And Other Special Allowance
Gratuity Law Compliance
Obtaining Registration of establishment with the Controlling Authority. Assistance in calculating the amount of gratuity payable to an employee. Assistance in obtaining appropriate Gratuity Plan from insurance companies for meeting the liability of employer towards payment of gratuity. Formation of Approved Gratuity ..
Factories Act Compliance
The primary purpose of the Factories Compliance is to ensure standard safety measures and promote the welfare and health of the workers in factories. The Factory Compliance involves coordinating/ liasioning with the various government agencies to obtain different licenses /statutory certificates.
Shop & Establishment Act Compliance
It covers various activities such as maintaining statutory documents & adhering to the applicable procedures to be followed under various acts/rules. Under this establishment, compliance returns are one of the activities to be filled periodically under various acts & rules online & offline
