The-Factories-Karnataka Amendment-Act-2023-karma-global

factories Karnataka amendment 7th August 2023

Contents News/Article Date:7th August 2023

Relating to which Act:  The Factories Act 1948; Karnataka Factory Rules, 1969

Penalty under the Act: What are the penalties for factory act Offences?

It is an offence, and penalties will be imposed, imprisonment for up to a year; a fine of up to one lakh rupees; or both fine and imprisonment. Any employee who misuses equipment related to the welfare, safety, and health of other employees, or those connected to the performance of his duties, suffers a Rs.500 fine.

Applicable to which State: State of Karnataka  

Type:  Parliamentary Affairs and Legislation Secretariat, Notification No. DPAL/04/SHASANA 2023 dated 7th August 2023 issued by Secretary to Government, Department of Parliamentary Affairs and Legislation.

Pertains to: Factories in Karnataka                                                                       

Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.

Karma Global’s expert team is fully involved in handling of any type of compliance matters where compliance burden and complex laws fall on businesses like frequent changes and amendments, high penalties, inadequacy of knowledge and expertise with centralized compliance monitoring systems and integrated governance risk and compliance software’s

And in this instance: This Act may be called the Factories (Karnataka Amendment) Act, 2023.

(2) It shall come into force at once.

  1. Amendment of section 54: –
  2. Amendment of section 55.-
  3. Substitution of section 66.-

Subject: The Factories (Karnataka Amendment) Act, 2023

Attached is the notification

factories Karnataka amendment 7th August 2023

 

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