Labour Laws - Corporate Law Reporter

Employees’ State Insurance (Central) Amendment Rules, 2017

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 20th January, 2017 G.S.R. 62(E).—Whereas draft rules further to amend the Employees’ State Insurance (Central) Rules, 1950 were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i) vide number G.S.R. 958(E), dated the 6th October, 2016, as required under sub-section (1) of section… Read More

Ministry of Labour and Employment notifies Minimum rates of wages for Scheduled Industry.

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 19th January, 2017 S.O. 186(E).—Whereas the draft proposal to revise the minimum rates of wages per day payable to the Schedule mentioned categories of employees engaged in the employment of Agriculture was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii),… Read More

Note on Employees Enrolment Campaign, 2017 under EPF

NOTE ON EMPLOYEES ENROLLMENT CAMPAIGN, 2017 UNDER EPF 1. The Central Government has amended paragraph 82 of the Employees’ Provident Funds Scheme, 1952 and inserted paragraph “82A. Special Provision in respect of Employees’ Enrolment Campaign, 2017” vide notification No. G.S.R. 1190(E) dated 30th December, 2016 to be called as the Employees’ Provident Funds (Seventh Amendment)… Read More

The Ministry of Labour and Employment plans merging all labour laws under 5 Legislations

The Central Government with an intent to overhaul the existing legislative framework has deliberated on the idea of reducing the number of legislations to just 5. The Government seeks to reduce the hardships that companies currently face under the current system, wherein they have to ensure compliances of a mammoth 44 labour laws. The Ministry… Read More

Rehabilitation of Bonded Labourer Scheme – 2016

Rehabilitation of Bonded Labourer Scheme – 2016 to be Made Central Sector Scheme Revised Scheme Proposes Increase in Quantum of Financial Assistance Annual Budget Raised from Rs.5 Crore to Rs.47 Crore; Cash Assistance from Rs. 20,000 to Rs. One Lakh Cash Assistance may extend to Rs Two Lakh in Special Cases and to Rs.Three Lakh… Read More

Concessions to startups regarding Labour Laws

In order to promote the Start-Up ecosystem in the country and incentivizing the entrepreneurs in setting up new start-up ventures and thus catalyze the creation of employment opportunities through them, the Ministry of Labour & Employment has issued an advisory to the States/UTs/Central Labour Enforcement Agencies for a compliance regime based on self-certification and regulating… Read More

Labour Reforms

Reforms in labour laws are an ongoing process to update legislative system to address the need of the hour and to make them more effective and contemporary to the emerging economic and industrial scenario. The Second National Commission on Labour has recommended that the existing Labour Laws should be broadly grouped into four or five… Read More

Ministry of Labour and Employment Launches the Start Your Business Page on NCS Portal

Following the MoU signed with Uber in February 2016, the Ministry of Labour and Employment on Friday, 11 March 2016, announced the official launch of the “Start Your Own business” page on the National Career Services Portal. Gracing his presence at the event, Secretary, Ministry of Labour and Employment, Shri Shankar Agarwal, said “Participation from… Read More

Employee Aggrieved By his Termination can move The Labour Court Where he had been employed or where the Company Headquarters Is Located: SC

A. Brief Facts of the Case: A.1 In this case, a supervisor (hereinafter referred to as the "Appellant") was employed in the Puducherry Unit by the Respondent Company (hereinafter referred to as the "Respondent") having its Registered Office in Aurangabad. The Puducherry Unit was closed and there was dispute over termination… Read More

EPFO has raised interest rate on Provident Fund to 8.8% for Financial Year 2015-16

For Financial Year 2015-16 from 8.75% last year Employees Provident Fund Organization (EPFO) has raised interest rate on Provident Fund to 8.80%.In case of exempted trusts i.e. trusts run by companies who manage their own PF corpus under EPFO guidelines, the increased rate shall also apply. Companies who manage their own PF corpus are required to measure and recognize in their… Read More

WAGES UNDER ESIC ACT_Employee’s State Insurance Corporation (ESIC)

WAGES UNDER ESIC ACT :- WASHING ALLOWANCE: It is a sum paid to defray special expenses entailed by the nature of employment and as such this amount does not amount to wages. (In lieu of old instructions issued vide Memo No.Ins.III/2/1/65 dt. 8.2.1967) SUSPENSION ALLOWANCE/SUBSISTENCE ALLOWANCE During the suspension period the employee is not allowed… Read More

Major relief for withdrawal of funds under para 68B of EPF Act, 1952

The Employees Provident Fund Organisation (Ministry of Labour) has issued a notification to provide major relief towards manner of withdrawal of funds under para 68B of EPF Act, 1952 for housing purpose. The Form 31 which talks about the withdrawal from the Fund for the purchase of a dwelling house/flat or for the construction of a… Read More

Online Transfer of Provident Fund

A revised transfer claim settlement process has been started through an Online Transfer Claim Portal to smoothen the process of transfer of PF accounts. The revised process has following features:- (i) The claim can be submitted by the member in the online mode in addition to physical mode. (ii) The claim can be submitted through… Read More