Industrial Laws And Compliance
Labour issues arising out non-compliance of industrial laws and Regulations, Laws relating to Wages, Laws relating to working hours, Conditions of service and employment and almost entire gamut of legal issues pertaining to Industry laws and Regulations
Labour Law compliance in India is basically set of terms or conditions of employment. For carrying out business, corporations are required to meet statutory compliance requirements. Labour Law compliance in India is primarily focused on safeguarding the protection of the rights of employees. It regulates companies, workers as well as trade unions through several compliances towards securing the rights of the workers and labour at large. However, labour law compliance in India are imposed by the State as well as the Central Government. Abiding to Labor Law compliances is essential for every big and small company to keep their businesses safe and secured from any legal trouble.
Labour Law includes employee benefits as well as termination, the rules and regulations for workers, and so forth. There are many acts that are included in the labour Compliance rules. The major acts which are included in the industrial law compliance rule are:
Building and Other Construction Workers (Regulation of Employment and Conditions Services) Act, 1996, Contract Labour (Regulation and Abolition) Act, 1970, Equal Remuneration Act,1976, Minimum Wages Act, 1948 and Mines Act, 1952, Industrial Employment (Standing Order) Act 1946, etc.
The government of India has proposed one license, one registration, and one return for establishments for Indian companies. The Code on Occupational Safety, Health and Working Conditions (OSHW), 2019, has been introduced by Labour and Employment Ministry in The Parliament lately.
The proposed Bill seeks out to consolidate 13 labour laws, which includes the Factories Act, 1948, and the Contract Labour (Regulation and Abolition) Act, 1970. Presently, under these 13 laws, an establishment is needed to do six registrations. All the industrial law compliance are necessary for the labours and for justice.