Clarification on Labour Law Annual Return
Neha Mandal has provided the attachment of the Labour Law Annual Return. I would like some clarification about it.
Firstly, in column F, wage rates are required category-wise. I seek clarification on whether wage rates typically increase every six months under the Minimum Wage Act of 1936. Which rates should be provided?
Secondly, in small factories, Leave With Wages is usually paid in cash after the end of the financial year to all employees, regardless of whether they have completed 240 days in the financial year or not.
Thirdly, previously, the annual return was submitted for the calendar year. Is this return now to be submitted for the calendar year or the financial year?