Compliance Under Labor Laws

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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.

This article contains various Compliance requirements under labor laws for the Month of November 2020. 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)

The EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952) 15.11.2020 PF Payment ECR
ESIC (Employees’ State Insurance Act, 1948) 15.11.2020 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
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
Maharashtra Professional Tax 30.11.2020 Monthly Return for October 2020 PT Payment

Key Update

  1. From 15th Feb. 2020, new Companies registered through MCA Portal, www.mca.gov.in need not comply with provisions of ESI Act till they reach the threshold limit of ESI coverage or initial 6 months whichever is earlier. For further details login towww.esic.in . Submission of Mobile Number and Bank Account details(Bank Name, Branch Name & IFSC) shall be mandatory for registration of new employees.

For more updates:  Click here

  1. Govt to hire experts for framing rules of three labor codes

The labor ministry has sought application from legal experts that it aims to hire as consultants on a contractual basis to help the government frame rules of the three labor codes which have been recently passed by the Parliament.

The Parliament had recently passed the Industrial Relations Code, the Code in Social Security, and the Code on Occupational Safety, Health, and Working Condition following which they have been notified. The Code on Wages was passed and notified last year but has not been implemented so far.

Once the four Codes get implemented, the establishments will have to file a single return to the authorities, thereby significantly easing the compliance burden. Besides, there will be a floor level minimum wage with a statutory backing while the number of minimum wages across the country will reduce substantially to 12 from 540 under central laws and to 180-200 under the state laws compared to over 9,000 now.

  1. Plans afoot to implement all four labor codes from April 1

The Union labor ministry has intended to implement all the new labor codes together from April 1.

  1. Labour codes to help workers become self-reliant in coming days: Santosh Gangwar

Santosh Gangwar sought support from the industry to help the government achieve the goal of making India a $5 trillion economy. According to the statement, minister Gangwar underlined that growth and expansion of enterprises contribute to rising employment as also improved working conditions.

Updates TRACKER under Labour Laws

Sl. No. Particulars Link
1 The Directorate General, Factory Advice Service, and Labour Institutes (Group ‘A’ and Group ‘B’–Safety Discipline Posts) Recruitment Rules, 2020. Click here
2 The Industrial Relations Code, 2020 Click here
3 The Occupational Safety, Health, and Working Conditions Code, 2020. Click here
4 The Code on Social Security, 2020 Click here
5 The Appropriation (No. 4) Act, 2020. Click here
 

6

Setting up of NPS oversight mechanism for the quarter ending March 2021 Click here
7 About 30 crore man-days employment provided and more than Rs 27,000 crore spent so far in the pursuit of objectives of the Garib Kalyan Rojgar Abhiyaan Click here
8 ESIC Issues Guidelines for COVID-19 Safety Measures at Workplace Click here
9 Three Farm Reform Laws Will Change the Fortune of Agriculture In the Country-Union Minister Prakash Javadekar Click here
10 ESIC refutes report on certain TV Channels reporting of alleged improper services & facilities at ESIC Medical College & Hospital, Rajajinagar, Bangalore Click here
11 EPFO’s recently WhatsApp helpline to resolve Grievances under the Nirbadh initiative gains popularity Click here
12 Industry engaged in the services in any oilfield, which is covered under item 17 of the First Schedule to the Industrial Disputes Act, 1947 (14 of 1947), to be a public utility service Click here
13 Constitution the Board of Mining Examinations (Metal) Click here
14 ESIC decides for Prompt payment of Permanent Disablement Benefit (PDB) and Dependent Benefit (PB) to beneficiaries by ESI Corporation during Covid -19 pandemic within a month Medical Boards Arranged at Jaipur for 48 IPs Click here
15 Union Labour Secretary Shri Apurva launches facility for bulk transfer for exempted establishments of EPFO Click here
16 Draft Rules: The Industrial Relation (Central) Rules, 2020 Click here
17 The Employees’ State Insurance (Central) Amendment Rules, 2020 Click here
18 The Employees’ State Insurance (Central) Amendment Rules, 2020 Click here
19 To know more or have any queries related to Atal Bimit Vyakti Kalyan Yojana (ABVKY), then have a look at its ‘Introduction’ and answers to your ‘Frequently Asked Questions’. (visit http://esic.in ) 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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