DISAPPOINTMENT IN THE FIRST SALARY BEING PAID TO YOU ON ACCOUNT OF LAWFUL DEDUCTIONS
Given below are the 10 labour laws in India which every employee should know. Anyway, “Getting to know” is always a learning process and to aid you, you can always approach the Marketing Team of Karma Management Global Consulting Solutions Pvt. Ltd. who have their Corporate Office at Santacruz, Mumbai, and can be contacted on the phone line (022) 42444444
Labour Laws have always been a complex subject and to add to this, the majority of the population of India are not aware of the applicability of labour laws especially the daily wage labourers and even sometimes, the employees working in huge establishments. It is very important to understand especially because of labour laws, there is always a difference between CTC and the net salary in view of deductions. So at the time of new jobs, signing new contracts and agreements, hopping to new pastures or even starting your own enterprise, knowledge of these labour laws become all the more inevitable.
1) Minimum Wages Act, 1948
2) Payment of Wages Act, 1936
3) Equal Remuneration Act, 1976
4) The Employees’ Provident Fund & Miscellaneous Provisions Act, 1952
5) Employees’ State Insurance Act, 1948
7) Labour Welfare Fund Act (different States have different years of enactment)
8) Bonus Act, 1965
9) Gratuity Act, 1972
10) Shop & Establishment Act, (as per State Enactments and Revisions)
Moreover, there are other 2 important labour laws that play a very vigilant role in the life of your career.
(a) Industrial Disputes Act, 1947
(b) Maternity Benefit Act, 1961
Thank you and looking forward to helping anyone in need, for further queries please write to us at advisory@karmamgmt.com, and for services with us connect on sales@karmamgmt.com. and contact us on our Whatsapp at 919223192906
