Labour legislation to be simplified with merging of 44 laws

Last Updated at: October 23, 2019
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Labour legislation to be simplified with merging of 44 laws

As a first move on reforming the labour laws, the newly formed government has planned to merge 44 labour laws into 4 codes – wages, social security, industrial safety & welfare and industrial relations.

This new labour legislation aims at helping investors accelerate growth. The decision has been taken during an inter-ministerial meeting chaired by Home Minister Amit Shah and attended by Nirmala Sitharaman, Labour Minister Santosh Gangwar, Commerce and Railway Minister Piyush Goyal among others.

All the laws related to social security, including the Employees’ Provident Fund and Miscellaneous Provisions Act, Employees’ State Insurance Corporation Act, Maternity Benefits Act, Building and Other Construction Workers Act and the Employees’ Compensation Act will be merged to create a single social security law or code.

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Several industrial safety and welfare laws such as the Factories Act, the Mines Act and the Dock Workers (Safety, Health and Welfare) Act, will be merged to create a single category on industrial safety and welfare.

The Minimum Wages Act, the Payment of Wages Act, the Payment of Bonus Act, the Equal Remuneration Act and a few others are likely to be merged.

The Labour Code on Industrial Relations will combine the Industrial Disputes Act, 1947, the Trade Unions Act, 1926, and the Industrial Employment (Standing Orders) Act, 1946.  

It is expected that this new Labour draft Bill would be placed before the Union Cabinet for approval, after which it will be introduced in the coming second-week session of the Parliament. The session will take place on June 17, 2019.  

As per the recommendations of the second national commission on labour, the ministry last year had taken steps for formulating four labour codes wages, social security, industrial safety & welfare and industrial relations. Also, the government had made it clear that there would be no hire and fire policy.

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To encourage early filing of the income tax returns among the taxpayers, the income tax department has come up with tax back offer.Understand the procedure for GST registration and GST returns here.

What benefits are given to MSME by state and central government?

The state and central governments in India give importance to the MSMEs that are registered under the MSME Act and offer subsidies to such companies. More on Income Tax Return Filing.

What is the purpose of Tax Back Offer?

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What documents are required for ISO 9001 2015?

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Labour legislation to be simplified with merging of 44 laws

945

As a first move on reforming the labour laws, the newly formed government has planned to merge 44 labour laws into 4 codes – wages, social security, industrial safety & welfare and industrial relations.

This new labour legislation aims at helping investors accelerate growth. The decision has been taken during an inter-ministerial meeting chaired by Home Minister Amit Shah and attended by Nirmala Sitharaman, Labour Minister Santosh Gangwar, Commerce and Railway Minister Piyush Goyal among others.

All the laws related to social security, including the Employees’ Provident Fund and Miscellaneous Provisions Act, Employees’ State Insurance Corporation Act, Maternity Benefits Act, Building and Other Construction Workers Act and the Employees’ Compensation Act will be merged to create a single social security law or code.

Get Your Business GSTIN Number

Several industrial safety and welfare laws such as the Factories Act, the Mines Act and the Dock Workers (Safety, Health and Welfare) Act, will be merged to create a single category on industrial safety and welfare.

The Minimum Wages Act, the Payment of Wages Act, the Payment of Bonus Act, the Equal Remuneration Act and a few others are likely to be merged.

The Labour Code on Industrial Relations will combine the Industrial Disputes Act, 1947, the Trade Unions Act, 1926, and the Industrial Employment (Standing Orders) Act, 1946.  

It is expected that this new Labour draft Bill would be placed before the Union Cabinet for approval, after which it will be introduced in the coming second-week session of the Parliament. The session will take place on June 17, 2019.  

As per the recommendations of the second national commission on labour, the ministry last year had taken steps for formulating four labour codes wages, social security, industrial safety & welfare and industrial relations. Also, the government had made it clear that there would be no hire and fire policy.

Under GST, What’s the difference between Tax payer and Tax deductor. Please define.

To encourage early filing of the income tax returns among the taxpayers, the income tax department has come up with tax back offer.Understand the procedure for GST registration and GST returns here.

What benefits are given to MSME by state and central government?

The state and central governments in India give importance to the MSMEs that are registered under the MSME Act and offer subsidies to such companies. More on Income Tax Return Filing.

What is the purpose of Tax Back Offer?

Learn more about ISO Certification.

What documents are required for ISO 9001 2015?

Criteria for selection and evaluation of suppliers (clause 8.4.1), quality objectives (clause 6.2), quality policy (clause 5.2), scope of the quality management system (QMS) clause 4.3 More info on NGO Registration in india.

Whether an NGO can give loans to another NGO under the provisions of the Income-tax Act, 1961 ?

An NGO can give loans or transfer funds to other trusts or institutions to fulfill the objectives of the NGO.More about Udyog Aadhar Registration.

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A lawyer with 14 years' experience, Vikram has worked with several well-known corporate law firms before joining Vakilsearch.