ISO 27001: Information Security Management
ISO 27001: Information Security Management – A Simple Guide In today’s digital world, keeping sensitive information safe is more important...
Labour law is known as employment law which is the body of laws, administrative rulings, and precedents that address the legal rights of, and restrictions on, working people and their organizations.
The Constitution of India is the main foundation in framing the basis of rights of individuals under labour and employment. The labour and employment laws and rules are enacted both by the Centre and the State governments respectively. Where the Centre enacts the laws, the State formulates the rules and regulation and legislations.
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Labour law is known as employment law which is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations.
The Constitution of India is the main foundation in framing the basis of rights of individuals under labour and employment. The labour and employment laws and rules are enacted both by the Centre and the State governments respectively. Where the Centre enacts the laws, the State formulates the rules and regulation and legislations.
Rights of Employer and Employee | This act provides guidelines which describes the right and responsibilities of employer and employee |
Compensation of work and hours | As per the EPF act and Minimum wages act, there are standards set according to which one needs to pay a certain amount for specific types of jobs or work hours. Hence the workers get proper compensation for their efforts and work for the hours specified in the laws. |
Prevention of discrimination | This act ensures everyone are treated equally and get equal opportunities irrespective of age, gender or caste. |
Prevention of exploitation | When employers take advantage of the work, these laws are made to safeguard the interest of such workers. |
Better work environment | Labour law act helps to have a better work environment, whether it is a small/ large organization. |
Steps 1:- The business entrepreneur (applicant) shall get ready according to the check lists.
Steps 2:- Fill up Form ’I’ in (triplicate for manual submission) according to the guidelines which is available in the Department Office/Website
Steps 3:- The filled up application completed in all respect and the prescribed fees deposited either through treasury challan in the specified head of account in the Govt. Treasury or through “e-Payment” along with the required documents are to be submitted to the ‘Facilitator’ or the Registering authority.
Steps 4:- Submitted Form and documents are verified by the Registering officer and are officially processed.
Steps 5:- (a) If the applications is found to be correct in all respect than the application is accepted and a Certificate of Registration is issued to the applicant.
(b) If the application is found to be incomplete/incorrect, than the application is rejected with a reasoned reply to the applicant.
The required documents are to be produced by the contractor to the employer for approval. They are
a. To every establishment in which ten or more workmen are employed or were employed on any day of the preceding twelve months as contract labour.
b. It shall not apply to establishments in which work only of an intermittent or casual nature is performed.
The relevant information in Form “I” in (triplicate for manual submission) is to be filled up in Block Letters with Black Ink. The application for Registration of a new establishment should be made in triplicate to the registering officer of the area in which the establishment sought to be registered before the engagement of contractual workers. Signature is required only for manual submission of application Form.
· It applies to any establishment in which twenty or more workmen are employed on any day of the accounting year as contract labour.
· It applies to any contractor who employs or who employed twenty or more workers on any day of the accounting year.
· Also, it does not apply to the establishments if any work performed in the intermittent nature.
· It does not apply to the establishments if any work not performed for more than one-twenty days in a year.
The contractor should approach the Licensing authority before 30 days of the expiry date of the license along with the application for the renewal of license in Form VII in multiple copies.
The required fee has to be remitted by the applicant. If the applicant does not submit prescribed date the renewal application, then the contractor will have to pay a fee of 25% more than the fee ordinary Payable
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Here are some answers to potential questions that may arise as you start your business.
Register your business, obtain necessary licenses, and fulfill tax obligations.
Consider factors like ownership, liability, and tax implications to choose from options like sole proprietorship, partnership, or company registration.
Choose a unique business name, obtain required IDs like Director Identification Number (DIN), and file incorporation documents with the Registrar of Companies (ROC).
Obtain GST registration, trade licenses, and any industry-specific permits required to operate legally.
Maintain accurate financial records, file tax returns on time, and adhere to the tax laws applicable to your business.
Yes, startups in India can benefit from various government schemes offering tax exemptions, funding support, and incubation facilities.
Secure patents, trademarks, or copyrights to safeguard your intellectual assets from infringement or unauthorized use.
Challenges include navigating bureaucratic hurdles, complying with complex regulations, and competing in a crowded marketplace.
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