Dear Seniors For how many years a company should maintain the records related to Statutory. Pls clarify. Urgent
From India, Madras
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54From India, Madras
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Dear [Name],
If you are asking for statutory records under labor laws, please first examine the relevant acts that are applicable to your unit. Different time periods are provided under different laws. An inspector can demand records for twelve months from the last entry made therein under the Payment of Wages Act, 1936, while it is three years under the Minimum Wages Act, 1948. Thus, we have to see the provisions for maintaining and producing records under the labor laws. Please try to find out.
Regards,
R.N. Khola
(Labor Law and Legal Consultant)
09810405361
From India, Delhi
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If you are asking for statutory records under labor laws, please first examine the relevant acts that are applicable to your unit. Different time periods are provided under different laws. An inspector can demand records for twelve months from the last entry made therein under the Payment of Wages Act, 1936, while it is three years under the Minimum Wages Act, 1948. Thus, we have to see the provisions for maintaining and producing records under the labor laws. Please try to find out.
Regards,
R.N. Khola
(Labor Law and Legal Consultant)
09810405361
From India, Delhi
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