India has seen a huge development of business and economic growth in the recent times. Labour Law compliance is basically set of terms or conditions of employment. For carrying out business, corporations are required to meet statutory compliance requirements. There are many laws and acts that a firm is required to follow. If the corporation fails to comply with the regulations then it may lead towards punitive action from the concerned authorities. There are central laws, as well as there are state laws with which a business is required to comply with.
Labour Law primarily focused on safeguarding the protection of the rights of employees in India. 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 compliances 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.
In this article, we would state certain key provisions and applicability criteria of the various labour laws compliance applicable in India.
Importance of labour compliance
Importance of labour compliance
The companies in India must carry out statutory compliance under various Labour Laws. The range of labour compliance is Read More
No comments:
Post a Comment