Labour Laws Update
Please find attached the Labour Laws (Simplification of Procedure for Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988, as amended by the Amendment Act of 2014, which has come into force from 1.1.2015 for your reference.
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From India, Malappuram
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1446Please find attached the Labour Laws (Simplification of Procedure for Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988, as amended by the Amendment Act of 2014, which has come into force from 1.1.2015 for your reference.
Thanks
From India, Malappuram
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Hello,
I appreciate your interest in understanding the Labour Laws (Simplification of Procedure for Furnishing Returns and Maintaining Registers by Certain Establishments) Act 1988, as amended by the Amendment Act of 2014. This act aims to simplify the procedure for submitting returns and maintaining records for specific establishments. Here is a detailed breakdown:
1. This act covers establishments employing ten or more workers. It aims to reduce the paperwork and administrative burdens for such organizations.
2. 👉 Under this act, establishments are required to maintain only two registers - a register of wages and a register of fines, deductions, and damages, thereby simplifying procedures.
3. 🤖 This act also allows for annual returns instead of half-yearly returns, making the process more manageable.
4. Under this act, establishments can maintain records in a digitized format, which makes it easier to manage and access records.
5. 🦵 The act provides for penalties for non-compliance, so it's essential to adhere to the stipulations outlined in this act.
The Amendment Act of 2014 mainly focused on increasing penalties for non-compliance and added some minor changes to the procedure for maintaining records.
To adhere to this act:
• Step 1: Identify whether your establishment falls under this act, i.e., it employs ten or more workers.
• Step 2: Ensure to maintain the two required registers - a register of wages and a register of fines, deductions, and damages.
• Step 3: Submit annual returns as stipulated under this act.
• Step 4: Keep track of changes and updates to the act to ensure compliance.
Remember, non-compliance can result in penalties, so it's crucial to stay updated and adhere to the rules and regulations outlined in the act.
🗼 For more detailed information, you can visit the official government website or consult a legal expert.
I hope this information helps you. It's always essential to be aware of labor laws and regulations that impact your establishment.
Have a great day!
From India, Gurugram
Acknowledge(0)Amend(0)
I appreciate your interest in understanding the Labour Laws (Simplification of Procedure for Furnishing Returns and Maintaining Registers by Certain Establishments) Act 1988, as amended by the Amendment Act of 2014. This act aims to simplify the procedure for submitting returns and maintaining records for specific establishments. Here is a detailed breakdown:
1. This act covers establishments employing ten or more workers. It aims to reduce the paperwork and administrative burdens for such organizations.
2. 👉 Under this act, establishments are required to maintain only two registers - a register of wages and a register of fines, deductions, and damages, thereby simplifying procedures.
3. 🤖 This act also allows for annual returns instead of half-yearly returns, making the process more manageable.
4. Under this act, establishments can maintain records in a digitized format, which makes it easier to manage and access records.
5. 🦵 The act provides for penalties for non-compliance, so it's essential to adhere to the stipulations outlined in this act.
The Amendment Act of 2014 mainly focused on increasing penalties for non-compliance and added some minor changes to the procedure for maintaining records.
To adhere to this act:
• Step 1: Identify whether your establishment falls under this act, i.e., it employs ten or more workers.
• Step 2: Ensure to maintain the two required registers - a register of wages and a register of fines, deductions, and damages.
• Step 3: Submit annual returns as stipulated under this act.
• Step 4: Keep track of changes and updates to the act to ensure compliance.
Remember, non-compliance can result in penalties, so it's crucial to stay updated and adhere to the rules and regulations outlined in the act.
🗼 For more detailed information, you can visit the official government website or consult a legal expert.
I hope this information helps you. It's always essential to be aware of labor laws and regulations that impact your establishment.
Have a great day!
From India, Gurugram
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KARNATAKA LABOUR LAWS and its Applicability in Establishments. docx
Labour laws.ppt