Labour Laws - Corporate Law Reporter

The Anatomy of Section 29 : A Legal Autopsy

"The Anatomy of Section 29 : A Legal Autopsy " by R. Sridhar Head - India, Labour Relations, Caterpillar India Private Limited Section 19 (2) of the Industrial Disputes Act (hereinafter referred to as the Act) deals with the period of operation of settlement which reads as follows: Such settlement shall be binding for such… Read More

Doctrine Of Notional Extension: A Comparative Analysis between India, U.S and U.K

There is a fundamental question which has influenced the history and present position of work claims: can the preferential treatment given to workers compared to other injury victims be justified? The industrial injuries scheme privileges workers by making available benefit which cannot be claimed by those not injured in the course of employment. Position in… Read More

The Pension Fund Regulatory and Development Authority bill, 2013

The Pension Fund Regulatory and Development Authority Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 19th September 2013 as Act No. 23 of 2013. Read More

Achievements of EPFO During August 2013

During the current fiscal, till the month the Organisation settled more than 50 lakh claims out of which 97% was settled within 30 days as mandated by the scheme. In the month of August alone, 10.98 lakh claims were settled and the percentage of claims settled within the above said mandated time-limit was 98.90%. Importantly,… Read More

FAQs on Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012

1.Q: Why the need for a Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012 , which has been passed by the Lok Sabha in the recently concluded session. ? Ans: Street vendors constitute an integral part of our urban economy. Street vending is not only a source of self-employment to the poor in cities and towns… Read More

Lok Sabha Passes Pension Fund Regulatory and Development Authority Bill, 2011 with official amendments

Subscribers Seeking Minimum Assured Returns Allowed to OPT for Investing their Funds in such Scheme Providing Minimum Assured Returns The Pension Fund Regulatory and Development Authority Bill (PFRDA), 2011 was passed by the Lok Sabha today with official amendments. It was earlier introduced in Lok Sabha on the 24th March, 2011 to provide for a… Read More

Policy for Wage Negotiations for the Workmen in Central Public Sector Enterprises

Recently, Government has formulated policy for the 7th Round (2nd part) of wage negotiations for workmen in Central Public Sector Enterprises (CPSEs) based on consultations among various central ministries/ departments and other organisations. Giving this information in written reply to a question in the Rajya Sabha today, Shri Praful Patel, Minister of Heavy Industries &… Read More

Expert Recommendations on Employees™ Pension Scheme

An Expert Committee constituted by the Government to review the Employees™ Pension Scheme (EPS), 1995, has, inter alia recommended either of the two options below: (i) Introduction of Provident Fund-cum-Pension Annuity Scheme wherein pension is linked to accumulations of members in the Fund or (ii) Modifications in the existing EPS, 95 such as: increase in… Read More

Violation of ESI Act

The aims and objective of Employees State Insurance (ESI) Act, 1948 is to provide certain benefits to the employees in the organised sector in case of employment injury, sickness, maternityand to make provision for certain matters in relation thereto. The number of violation of ESI Act, 1948 during last three years and current year is as under:-… Read More

Updation of EPF Accounts

The members™ accounts of Employees™ Provident Fund (EPF) for the previous year are updated by 30th September of the following year. The following steps have been taken for updation of members™ accounts: (i) In order to monitor the day-to-day progress of updation of members™ accounts, web based tool has been developed which allows timely corrective… Read More

CLR Snippets | Extension of EPF Scheme

A proposal for reducing threshold limit from 20 to 10 employees for coverage under Employees™ Provident Fund & Miscellaneous Provisions Act, 1952 is under consideration of the Government. This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha in reply to a written question. Read More

EPFO shows much better improvement

The number of contributing members to Employee Provident Fund Organisation (EPFO) has crossed 4.00 crore as on 17.08.2013. Similarly, number of establishments covered under EPF & MP Act, who are contributing and filing their return through electronic system has increased to 4 lakh. EPFO also distributed pension to more than 44 lakh pensioners during July,… Read More

Coverage of ESI

Employees State Insurance (ESI) Act, 1948 is applicable to employees working in the organized sector i.e. factories and establishment which are situated in implemented area only with a threshold of coverage of 10 employees. Extension of scheme to all units is not viable due to issues relating to enforcement of the Act and feasibility of setting… Read More