Bhasin Consultancy Explains How To Comply With the Various Labour Laws

As a business owner, one always needs to keep a tab on the various labour laws. In this context, Bhasin Consultancy aims to help entrepreneurs by making them aware of the records they need to maintain to observe compliance to these laws.
 
DELHI, India - Oct. 18, 2016 - PRLog -- Any commercial establishment, shop, or manufacturing unit having employees more than 20 in number, needs to stringently comply with the Labour Laws. Organizations are aware that any non-compliance in this aspect may lead to serious consequences, ranging from loss of productive hours to as adverse as a shutdown of the unit. However, those sitting at the helm may unintentionally neglect these matters, resulting which, they may find themselves running around in the courts and having negotiations with labour unions. For all such business owners, the Partner of Bhasin Consultancy, a renowned Labour law consultancy in Delhi, gives a quick overview of registers to be maintained and returns to be filed in order to comply with some of the essential labour laws.

He starts with the Payment of Wages Act, 1936, and says, "This Act is applicable to every employee who earns less than Rs. 16,000 in a month. The organization needs to maintain Registers for Fines, Advance, Deductions, and Wages. Along with that, it is mandatory to submit the Annual Return – Form – IV, and Payment of Wages Abstract – Form – V. In the case of Minimum Wages Act, 1936, which makes it compulsory for an establishment to pay a daily wage to skilled/unskilled labour, the information that needs to be maintained includes Wage Register, Over Time Register, Annual Return – Form-III, Abstract of Minimum Wages – Form-V, Minimum rate of Wages fixed Form-XI, XII & XIII, and Name & Address of Inspector. The Payment of Bonus Act, 1965, states that the unit needs to maintain the Register of Bonus – Form – C, Annual Returns – Form-D, and Payment of Bonus Abstract. As per the Shops & Commercial Establishment Acts, an establishment needs to keep a record of Inspection Book, Annual Return – Form – G, opening hours, closing hours, interval for rest, weekly holiday, wages for overtime work, and provisions of leave & payment of wages, health & safety, & termination of service. The Payment of Gratuity Act has laid down the rules of maintaining the Notice of opening – Form – A, Declaration – Form – F, and Payment of Gratuity Act, Abstract."

Of course, there are several other acts that are applicable to an establishment. For more detailed information and expert advice on this aspect, one may get in touch with the labour law consultants of Bhasin Consultancy. These attorneys bring with them an extensive experience in this field. This firm also serves as a criminal and litigation law office in Delhi.

For more info  : http://www.bhasinconsultancy.com/labour-law.html

Media Contact
Bhasin Consultancy
Mr. Vinay Kumar Bhasin
info@bhasinconsultancy.com
+91 9650230002
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