Dear Sachin,
Below are the summarised versions of the acts you asked about:
1. Factories Act, 1948:
- This Act is designed to protect factory workers from exploitative practices and to ensure their safety, health, and welfare. It includes provisions for the inspection of factories, the safety of workers, the maximum hours of work, and the handling of hazardous substances.
2. Maternity Benefits Act:
- This Act provides for paid maternity leave of 26 weeks to women employees. This is applicable to all establishments employing 10 or more persons. It also mandates benefits like nursing breaks until the child attains the age of 15 months, and protection from dismissal during absence due to pregnancy.
3. Minimum Wages Act:
- This Act aims to safeguard workers, especially unskilled ones, from unfair wages. It sets the minimum wages that must be paid to skilled and unskilled labourers.
4. Payment of Wages Act:
- The Act ensures that employees receive wages without any deductions, except those authorized within the Act, and on time. It applies to employees drawing a maximum monthly wage of INR 24,000.
5. Payment of Bonus Act:
- This Act applies to every factory and establishment employing 20 or more persons. It mandates an annual bonus to all employees earning up to INR 21,000 monthly, based on the employer's profitability.
6. Equal Remuneration Act:
- This Act aims to prevent gender discrimination in wages. It mandates equal pay for equal work for both men and women.
7. Contract Labour Act:
- The Act regulates the employment of contract labour in certain establishments and provides for the conditions of work and welfare measures for contract labour.
Remember, these are summarised versions of the Acts. For a detailed understanding, I would recommend referring to the full versions of these acts.
I hope this helps!