Whether labour laws or otherwise, whether Madhya Pradesh or any other state, you need to follow the laws. Government passes laws to avoid exploitation of the weak, to bring social justice and order, to narrow rich and poor divide etc. If you raise the query on mandatoriness of the law itself, then it is better if you refer textbooks of civics that was taught to you in your school days. When the query comes from a "subsidiary of a foreign company", it casts unflattering light on the poor awareness of the laws.
To know the list of the laws that your company is required to follow, you will have to hire consultant. Yes, you may refer this forum or search web resources but then the information will be scattered and picking them up and organising it in systematic manner may not be possible for a novice like you.
If I had taught in my school days by books which I need to refer, then why I needed to ask you about the same. It doesn't matter, what I taught in my school days, the matter is, can you give me answer of my question.
If I need to hire a consultant, so I think, no need to try on citehr.com for any query or issue, right?
I don't want to hire any consultant, and I am just wasn't to clarify that;
Is it mandatory to follow labour laws by a private limited company???
Secondly, If I can search on web resources, so no need to discuss with citehr.com.
Mr. Dnesh, I already tried to search and learn through we resources but some things can not give us proper answers for our queries. That's why I tried to reach you.
If mandatory, please brief all the laws and rules such as ; Gratuity, Bonus, Minimum Wages etc. - Please raise specific query to support you better
Any senior person is there to help me for the same?? - Mr. Dinesh Divekar already tried to help you
While raising a query, members are expected to apprise themselves by reading books or other sources and then come up with the doubts. Members also can come up with the query if there is chance of misinterpretation. However, your query is so basic that hardly it should find a place on a professional forum like this. Forums of this kind are not for nurturing junior member's childishness. If junior member wishes to do that then there are other places. Far from realising folly, you have come up with your second post that defends your puerileness.
Anyway, there is no point in quibbling further. All labour laws are applicable to all the states of India and that includes Madhya Pradesh as well. This settles your query!
Below mentioned is the answer for your query:
I would like to know that, is it mandatory to follow all labour laws by a private limited company in Madhya Pradesh and the company has completed 3 years of services. It is a IT based company (Subsidiary of foreign company). - Yes.
If mandatory, please brief all the laws and rules such as ; Gratuity, Bonus, Minimum Wages etc. - Laws are applicable based on number of employees, Type of employees & Nature of work. Registrations , periodical returns and monthly documents need to maintained as per applicable labour laws.
Any senior person is there to help me for the same?? - Yes. Seniors will guide you.
Generally speaking, all labour laws enacted by the Central and State Govt. are applicable and mandatory based on whether your establishment is factory or commercial .
Further each law specifies wage limit and number of workmen employed for its applicability and one must refer each applicable law for that as well as definition of 'Employee', 'Workman' for coverage.
Please refer each labour law and find out its applicability to your establishment in the light of the above as well as comments from some seniors .
But do study if the Central/State governments have given any exemptions/relaxations from certain labour laws to IT/ITES start- up units by way of an incentives.