Understanding Key Labor Acts in India: What Are the Essentials You Should Know?

Hi Friends,

Please find attached the basics as a snapshot of most of the important labor acts in India.

Sathish

It's a very handy compilation of the Labour Laws/Acts, which can be used as a ready reckoner.

Dear Mr. Sathish,

It is very well-compiled and certainly useful for everyone. However, please note the following changes to be updated:

1) The maximum ceiling of payment of gratuity is enhanced to Rs. 10,00,000/- (w.e.f 31/05/2010).
2) The average wage for coverage of Workmen's Compensation is amended from Rs. 6,500 per month to Rs. 8,000/- (w.e.f 25/05/2010).

Please find the details in the attachments.

Dear Varun Thaker,

Your posting is very nice, but it is only a copy and paste because you haven't updated the amendments in various acts. For instance, the Payment of Gratuity ceiling limit is now 10,00,000, the ESI Act limit is 15000/-, and the Bonus Act ceiling limit is 10000/-, among others. Please make the necessary corrections and then circulate the updated information.

Regards,

Varun Thaker

Hi,

It is illustrated very clearly and precisely. I just have a doubt whether the latest amendments in these acts are incorporated here.

Thank you so much for sharing this with us.

Regards,
Devi

Good article, but it is not updated on valuable matters like the Gratuity Act. The present limit is increasing from Rs. 3,50,000/- to Rs. 10,00,000/- maximum, and other matters are also changing.

Regards,
Shailesh G. Parmar
[Phone Number Removed For Privacy Reasons].