Compliance Under Various Acts

mahesh3328
If there is Real Estate Firm deals with construction of Residential apartments. Which is located in Maharashtra. So as per my knowledge following acts are applicable to it.
1) Minimum Wages act
2) Payment of wages act
3) Contract Labour (R & A)
4) BOCW Act
Under these acts there are so many Registers and Records in which most of them are similar.
If because of any reason it is not possible to maintain all at same time then what is solution for this. Records are in relation with both staff and labours. So requesting you guide for the same.
praveen446
1. PF
2. ESIC
3. Shop & Estt Act
4. Workers compensation Act
5. Equal Remuneration Act
6. Bonus Act
7. Gratuity Act
8. Maternity Benefit Act
Best Regards
Praveen Bhosale
9204959753
mahesh3328
Thansk Mr. Bhosale for you kind reply and knowledge sharing, but main question is how to manage and maintained records and registers under various applicable acts. Many of them have near about same fields. Hope will solve the query.
mahesh3328
Dear Seniors,
Requesting you to solve the query. Hope you will help me.
Regards,
Mahesh
shrikant_prabhu
Dear Mahesh,
Yes there are some fields which are duplicated in records to be maintained, but there are remedies to eliminate few of them. ESI Act is not applicable to construction industry, as such likely liabilities of mishaps are to be covered by covering them under Employee Compensation Act policy. This can be made available from any general insurance company.
In case your employee strength including contract employees exceeds 50 them you are required to pay 5% minimum HRA to all employees. Also Profession Tax Act is also applicable.
Should you need any detailed info, please feel free to contact.
Shrikant Prabhudesai
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