Labour Compliance

• Posted by Avantsi RegTech June 2, 2020 Filed in Business #Labour Compliance  #Labour Compliance in India  522 views
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  Managing Labour Compliance needs deep expertise of the law along with resources across your organisation for day to day management. Most organisations do not have in-house capabilities and resources to manage the complexity. As a result, they end up outsourcing services to third party vendors.

  Labour Laws are on the concurrent list of the Constitution. As a result, Central & State Governments legislate on all labour matters. Different states have implemented the rules in their own ways leading to differences in formats, forms, due dates, applicability, duty structures, payment methods, enforcement authorities among others. As a result, Labour Law Compliances in India are Complex. A multi-locational organisation deals with several hundred Labour Compliances in a month such as Licenses, Registrations, Consent Orders, Permissions, Renewals, Returns, Registers, Challans, Payments among others.

  Four Types of Labour Compliances:

  Payroll Compliances

  
  Includes Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT) & Labour Welfare Fund (LWF). These compliances require a onetime Registration and Periodic Payments, Challan Preparations and Filings

  Shops & Establishment Compliances

  

  
  Includes Compliances under Shops & Establishment Act, Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act & Equal Remuneration Act. Compliances include maintenance of muster rolls, wage registers, leave and attendance register, register of fines & deductions among others. This category also includes Registrations & Periodic Renewals

  Factory Compliances

  

  
  Includes compliances under Factories Act, 1948 such as one-time license, Consent to Operate, Designation of Occupier and Factory Manager, Periodic Returns, Accident Register among others

  CLRA Compliances

  

  
  Includes Complaince under Contract Labour such as maintenance of registers by Contractor and periodic filings

  For more details, visit : https://www.avantis.co.in/