Compliance Under Labour Laws for September 2020

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CS Lalit Rajputhttp://enlightengovernance.blogspot.com/
Company Secretary having 5 years of post-qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms, and LLP.

Dear Reader!

This article contains various Compliance requirements under Statutory Labour Laws. Compliance means “adhering to rules and regulations.” Compliance is a continuous process of following laws, policies, and regulations, rules to meet all the necessary governance requirements without any failure.

 Applicable Laws/Acts  Due Dates  Compliance Particulars  Forms / (Filing mode)
 

EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952)

 

 

15.09.2020

 

PF Payment

 

ECR

 

ESIC (Employees’ State Insurance Act, 1948)

 

 

15.09.2020

ESIC Payment

 

ESI Challan
 

 

Contract Labour (Regulation &Abolition) Act, 1970

 

Within 15 Days of commencement/ completion of contract work

Return/Notice within 15 days of commencement/ completion of each contract by the Principal employer Form VI-B
 

 

Contract Labour (Regulation &Abolition) Act, 1970

 

Within 15 Days of commencement/completion of contract work

Notice of commencement/ completion of contract work by the Contractor within 15 days Form VI-A
 

 

Payment of Gratuity Rule

Within 30 Days of applicability of the Act & any change Notice of applicability of the Act & any change Form A or B

Key Updates:

  1. EPFO operationalizes Pradhan Mantri Garib Kalyan Package for Low Wage Earning EPF Member and EPF covered Establishments with upto 100 Employees:
  • Relief available for 6 months from March – August, 2020
  • ECR with declaration to be filed to avail benefits of eligible employees and establishments.
  • Eligible Establishments remitting for March, 2020 prior to PMGKY ECR Facility have to update Bank details in Form 5A to get re-imbursement.
  1. Committee on Labour suggests unemployment insurance for unorganised sector workers

The committee has pulled up the government for not declaring the indicated expenditure and source of revenue for running the social security scheme while urging them to include unemployment insurance as part of the code for the unorganised workers so that unprecedented labour market situations can be well taken care of.

  1. Labour reforms: After Centre’s push, states explore ways to house migrants better

Gujarat’s new industrial policy launched talks about dormitory housing for migrant workers near industrial zones under state and central urban housing schemes, while some others including Haryana, Tamil Nadu and Karnataka are working on similar policies, people aware of the development.

  • Updates TRACKER under Labour Laws:

Sl. No. Particulars Link

 

1 Relaxation in eligibility criteria and enhancement in the payment of unemployment benefit under Atal Bimit Vyakti Kalyan yojana of ESIC  

Click here

2 EPFO Makes Signficant Progress in Updating KYC of its Subscribers During July- 2020 Despite Covid Pendemic  

Click here

3 Implications of AI on the Indian Economy Click Here
4 Employees’ Provident Fund Organisation (Personal Assistant) Recruitment Rules, 2020 Click Here
5 the Central Government is of the opinion that public interest requires the extension of the public utility service status to the said industries for a further period of six months;  

Click Here

CS Lalit Rajput
CS Lalit Rajput

Company Secretary having 5 years of post-qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms, and LLP.

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