The following amendments and latest provisions related to Labour Laws:
The Factories Act - 1948
- Many changes have been made, such as in Welfare Measures like Canteen, Creche, Appointment of Safety Officers, etc. Employers should not face any police action leading to an FIR in case of accidents resulting in death.
The ESI Act - 1948
- Wage ceiling for employee coverage is up to Rs. 15,000 per month. Conveyance Allowance is excluded from the wage calculation. Maintenance of previous records for inspection is required for up to 5 years.
The EPF Act - 1952
- Under EDLI, the benefit has been increased from Rs. 1,00,000 to Rs. 1,30,000.
The Workmen Compensation Act - 1923
- Compensation for Death ranges from a minimum of Rs. 1,20,000 to a maximum of Rs. 4,25,000. For Permanent Disablement, the minimum is Rs. 1,40,000 and the maximum is Rs. 5,40,000. The computation for compensation calculation based on wages has been extended from Rs. 4,000 to Rs. 8,000. The Act may be amended as the Employees Compensation Act. Casual Laborers are also covered under the latest amendment.
The Payment of Wages Act - 1936
- Wages should be paid either through bank deposits or by cheque.
The Payment of Bonus Act - 1965
- Proposed amendments include extending the wage ceiling from Rs. 10,000 to Rs. 15,000 and the computation of Bonus from Rs. 3,500 to Rs. 5,000. The minimum Bonus has been increased from 8.33% to 11%.
The Payment of Gratuity Act - 1972
- The maximum payment under Gratuity has been increased from Rs. 3,50,000 to Rs. 10,00,000. Compulsory Insurance coverage for employees is mandated under the Gratuity Act.
The Industrial Dispute Act - 1947
- According to U/s 11a and the impact of Sec 2a, any workmen can directly approach the Labour Court and Tribunal without conciliation if they are discharged, dismissed, or terminated from service.
The Contract Labour Act - 1970
- Non-compliance with statutory provisions deems contract laborers as employees of the principal employer.
Regards,
V.R. Rao Pulipaka.