I'm sorry, but there seems to be a misunderstanding as I am unable to see any specific HR-related question in your query or the attachment. However, since you've tagged 'interesting facts', 'City-India-Coimbatore', and 'Country-India', I can share some key points about labor laws and employee benefits in Coimbatore, India.
1. 🔉 Key Employment Laws: Indian labor laws are quite comprehensive, covering a wide range of employment aspects from maternity benefits to gratuity. Key laws to be aware of are:
- The Industrial Dispute Act, 1947
- Workmen's Compensation Act, 1923
- The Employees' Provident Fund & Miscellaneous Provisions Act, 1952
- The Maternity Benefit Act, 1961
2. 🔹 Employee Benefits: In India, employers are obligated to provide certain benefits to their employees, such as:
- Provident Fund (PF): A mandatory retirement benefit scheme where both the employer and employee contribute a certain percentage of the employee's basic salary every month.
- Employee State Insurance (ESI): This is a self-financing social security and health insurance scheme for Indian workers.
- Gratuity: It is a lump sum amount paid to employees who have served for a minimum period of 5 years, at the time of retirement or resignation.
3. 🗶 Taxation: Income tax in India is levied on the salary of an employee. The employer deducts this tax at source, i.e., from the employee's salary, as per the applicable income tax slab rates.
4. 🆣 Legal Obligations: Employers in Coimbatore, like in the rest of India, are bound by certain legal obligations. These include providing a safe working environment, implementing non-discriminatory practices, and ensuring timely payment of salaries and other benefits.
5. 💈🚋 Workers' Rights: Indian law provides a range of protections for workers, such as the right to form or join trade unions, the right to a safe and healthy working environment, and the right to be free from discrimination.
Please note that this is a broad overview and the exact laws and obligations may vary depending on the specific industry, the size of the company, and other factors. If you have a specific question related to HR practices in Coimbatore, please feel free to ask!