There are numerous labour law rules and acts that govern the HR function in organisations. The formation of labor law act in India and the consequent rules are intended to enable more efficient systems of recording and retrieval, and a mechanism which allows safeguarding of employees and employers, and also ensures timely submission and collection of fees and dues.
With the enormity that India presents in scope and size, labour act rules are devised in a manner which caters to the specificity of various locations. This is why labour law act in India are made differently for each state, along with a set of Central acts and rules which cover the larger scope of labour laws in the country. This is why holidays, minimum wages and certain compensations differ from one region to another.
Labour rights in India enable individuals and companies to protect their best interests and seek counsel provided they are within the framework of prescribed rules. However, it becomes imperative for companies to be aware of their region-specific laws and rules and understand their implications. While labour rights in India may be designed in the best interest of the individuals, they are also made to be stringent and can levy heavy penalties when not complied with.
Labour law rules are constantly amended and modified, in keeping with the demands of the day and the changing face of businesses. Most labour act India were made several decades ago, some as early as the 1950’s. Through their revision, periodicity, fees and tenures have undergone regular changes. Similarly, changes introduced have factored in significant improvement in the opportunities, working conditions and protection of women employees.
Labour rights in India must be understood in their intent and purpose, and to know really how to comply with the latest labour laws governing us, it is critical to have access to the most updated information and understanding. Not merely because it saves us cost, but also because it protectsand promotes our business and people in the best possible manner.