What is the service about ?
As per the Economic Census of Central Statistical Office done in the recent past, there are about over 7.00 crore establishments in agricultural and non-agricultural sectors combined who are required to maintain registers related to details of employees, their salaries, loans/recoveries, attendance, and so on
All put together, there are about 56 different types of registers to be maintained, with about 933 fields where a variety of data is required to be tabulated for the purpose of scrutiny by authorities as and when needed with a view to ensuring that employee-related benefits are being paid to the employees/workers engaged by various enterprises, irrespective of direct or indirect.
Some of the Labour laws registers that are required to be maintained include The Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996, The Contract Labour (Regulation and Abolition) Act, 1970, The Equal Remuneration Act, 1976 The Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979, The Minimum Wages Act, 1948, The Payment of Wages Act, 1936, The Sales Promotion Employees (Conditions of Service) Act, 1976.
Besides the above, the Employment Exchanges (Compulsory Notification Of Vacancies) Act, 1959 And Rules, 1960 also calls for Submission of Quarterly Return in ER-I to be submitted to Local Employment Exchange for Quarter ending March, June, September, and December. – FORMER I (Within 30 Days). There is also the Apprenticeship Act of 1961 which entails filing online returns for imparting apprenticeship training. As of 18th May 2020, the Government identified about 261 Designated Trades and 336 Optional Trades across 37 industry sectors available for apprenticeship training which as per rule covers all establishments having a workforce (regular and contract employees) of 30 or more are mandated to undertake Apprenticeship Programs in a range from 2.5% -15% of its workforce every year.
With the ease of doing business, a competitive model has already been brought into force by the Government in order to further simplify the pressure of maintenance of statutory registers individually by various establishments, small, medium, and large, the Government has, for the purpose of expedient compliance of the requirements of various labour-related laws, combined a set of registers for all such laws in some states only. And whereas the intention to provide such combined register has been to sub-serve the purposes, more specifically electronically, of the said labour related laws and the Rules made thereunder, wherein provisions have been made for the maintenance of such registers;
And whereas combined registers provided under the proposed rules will facilitate ease of compliance, maintenance and inspection, and will also make the information provided thereunder easily accessible to the public through electronic means thereby increasing transparency; And whereas making separate rules for the aforementioned purpose will benefit making references of registers provided under different labour related laws simple, which will serve a public purpose in a better way;
These combined registers can be maintained electronically. If the registers were already maintained in electronic format, then as per sub-rule 3 of rule 2 of the Rules, the layout and presentation of the register should be adjusted without changing the integrity, serial number, and contents of the column of the register.
What value does the client get ?
We believe in superior human, emotional and cognitive capabilities: an ability to communicate effectively, form relevant points of view, think critically, be creative and illustrate the significant value in every single contact with the client and how we are able to connect with our esteemed clients on the complexities of maintenance of registers and filing of statutory returns, by easing their time, energy and effort, and facilitating them to focus more on their determining core values progressively so that with more energy and time on hand, they are able to leverage on their strengths of doing better business while leaving the complexities of the labour laws into our able hands by giving the finesse which is above the set standards. On the other fact, the standards are backed with our very own indigenous tool called WeProcess which scientifically simplifies the process and gives error-free and accurate output, month-wise, location-wise, act wise, state-wise and entity wise,
What tools do we use ?
As we know, the law provides for monthly maintenance of statutory registers and statutory returns as per applicability of the various acts and rules enacted for this purpose. In short, it is a compilation of data to be displayed to the authorities as per formats and norms for ensuring that employee-related benefits are lawfully bestowed on the employees or workers as the case may be without any lacunae.
As a global consulting giant, we have made a foray into the digital world by evolving a tool called WeProcess which is a valuable digital container holding together as a cohesive unit, all the regulatory compliances of the entity or establishment where the artificial intelligence with the chatbot popping up as a support tool, keeps a hawk’s eye on the level of compliances required to be adhered to by the establishments who are keen to be ethically compliant as per global norms and practices.
The We Process tool in a way also offers tremendous assistance to the principal employer or to an industry, big or medium or small, in a full-fledged diagnostic mode to check whether it is following proper regulatory compliances for itself or not. The Industries must toe the line with the Regulator to be fully compliant or else they may have to face necessary interdictions by the appropriate authorities which can be both an embarrassment and also can lead to a fallout in the reputation or image.
How does client benefit in this ?
Rich feedback from the industry has propelled Karma Management Global Consulting Solutions Pvt. Ltd. to reach out immensely to credible business houses beyond the shores of India, given the immense capability of the tool to encapsulate both establishment and smaller service providers regulatory compliances with the state of the art features, dashboards, crunching statistics, registers and returns cockpit, in-depth insights, summarized capsules, etc.
The advantages to the clients will be manifold, in the sense that, scrutiny or observations of the compliance processes maintained for the clients on its behalf by Karma Management Global Consulting Solutions Pvt. Ltd., will be available in this WeProcess tool as a snapshot or the glimpses of the verified numbers will reveal the progress flow of compliances for the week, for the month, for the quarter, for half-yearly and the full year as well. There will be alerts, notifications, updates on a regular basis from the system informing promptly the well-being status of clients compliances where independent login credentials will also be available throughout the time.