The Maternity Benefit Act, 1961 – Overview
Simpliance | Risk Management Blog
by Simpliance
2y ago
Introduction Comprising half the population, women make up a crucial chunk of the workforce. Employment demands the need to balance work and child-bearing and child-rearing responsibilities. The Constitutional framework endeavours to provide equality to women in all walks of life. In furtherance of this pursuit, the Maternity Benefit Act, going along the lines of the International Labor Organisation, aims to grant maternity protection to women. The Maternity Benefit Act of 1961 and the very recent… The post The Maternity Benefit Act, 1961 – Overview appeared first on Blog | Risk Management | G ..read more
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Benefits under Labour Welfare Fund (LWF)
Simpliance | Risk Management Blog
by Catherin Benny, Varun B and Sakshi Prasad
2y ago
Introduction To LWF Labour Welfare Fund is succour in the form of money or necessities for those in need. LWF is a statutory contribution managed by every state authority. It helps labourers improve their working conditions, providing social security and raises their standard of living. It can differ from state to state and what assistance is provided by one state might not be available for other states. Kerala Kerala provides a range of benefits under… The post Benefits under Labour Welfare Fund (LWF) appeared first on Blog | Risk Management | Governance | HR | Compliance ..read more
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Availability of Employee Death Benefits Under Various Labour Laws in India
Simpliance | Risk Management Blog
by Catherin Benny, Varun B and Sakshi Prasad
2y ago
Introduction India is a socialist country. Therefore, social benefits that are governed by labour laws are regarded as sacrosanct. Social security schemes in India not only protect the employees but also their families by giving benefits in financial security and healthcare. These schemes guarantee long-term sustenance for families when the earning member retires, dies, or suffers a disability, thus helping insure the future and protect the interests of the employee. The various Labour Laws of… The post Availability of Employee Death Benefits Under Various Labour Laws in India appeared first o ..read more
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ESIC – An Overview of the Death Benefit Scheme
Simpliance | Risk Management Blog
by Sakshi Prasad
2y ago
ESIC – History Employees’ State Insurance Corporation (ESIC) as a scheme was inaugurated on the 24th February 1952 in Kanpur by our then Prime Minister Pandit Jawahar Lal Nehru. The Scheme was simultaneously launched in Delhi, and the initial coverage for both the centres was 1,20,000 employees. It is the first Social Security scheme enacted to protect the employees and their dependents in 1944. The ESI Act, 1948 covers contingencies such as sickness, maternity, temporary… The post ESIC – An Overview of the Death Benefit Scheme appeared first on Blog | Risk Management | Governance | HR | Compl ..read more
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ESI under Code on Social Security: An Overview of Changes
Simpliance | Risk Management Blog
by Shreya Jaipuria
3y ago
ESI – Background  Employees’ State Insurance Scheme [‘ESI Scheme’] is a comprehensive social security scheme devised to protect employees and their dependents, covered under it, against contingencies, such as sickness, maternity, and death or disability due to employment injuries. The ESI Scheme is based on the principle of ‘pooling of risks and resources’, wherein that section of the population, which is exposed to risks of the same nature, comes together to mitigate the physical and… The post ESI under Code on Social Security: An Overview of Changes appeared first on Blog | Risk Managem ..read more
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Compounding of Offences Under Labour Codes
Simpliance | Risk Management Blog
by Shreya Jaipuria
3y ago
What is compounding? Compounding refers to a process whereby the defaulting person or entity may file an application to the notified compounding authority, accepting the commission of an offence, and pleading for its condonation. The compounding authority may compound the offence after the defaulter deposits a compounding fee. If the offence is compounded before the institution of prosecution proceedings, then no proceedings are initiated against the defaulter. If an offence is compounded after the institution… The post Compounding of Offences Under Labour Codes appeared first on Blog | Risk M ..read more
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Offences and Imprisonment Under Labour Codes – Ease of Doing Business
Simpliance | Risk Management Blog
by Shreya Jaipuria
3y ago
Background The amalgamation and codification of 29 labour statutes into 4 codes – Code on Wages, 2019, Industrial Relations Code, 2020, Code on Social Security, 2020, and Occupational Safety, Health and Working Conditions Code, 2020 (‘Labour Codes’) – streamlines and simplifies complex labour law-related procedures. The aim of such amalgamation is to reduce the burden of compliance and promote the ease of doing business. One salient feature of the Labour Codes is the decriminalization of… The post Offences and Imprisonment Under Labour Codes – Ease of Doing Business appeared first on Blog | Ri ..read more
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Contracting Out Under the Code on Wages, 2019
Simpliance | Risk Management Blog
by Animay Singh
3y ago
Introduction The general connotation ascribed to the term ‘contracting out’ consenting to be excluded from a particular scheme or benefit. It requires a legal agreement that operates as a formal statement expressing a person’s intent to be excluded from an official plan or system. As a consequence, it means forgoing a right that one would ordinarily be entitled to. Most labour enactments in India provide that contracting-out is prohibited, meaning that employers cannot by agreement… The post Contracting Out Under the Code on Wages, 2019 appeared first on Blog | Risk Management | Governance | H ..read more
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Fixed Term Employment Under the Labour Codes
Simpliance | Risk Management Blog
by Animay Singh
3y ago
Background Fixed term employment was formally introduced in March 2018 by amending the Central Rules under the Industrial Employment (Standing Orders) Act, 1946. This allowed all types of industries to engage fixed term workmen. Our earlier blog has studied the introduction of the amendment to the Central Rules under the introduced fixed term employment. The new labour codes have extended this to all types of establishments. Generally speaking, fixed term employment is a mode of… The post Fixed Term Employment Under the Labour Codes appeared first on Blog | Risk Management | Governance | HR ..read more
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Liabilities of the Principal Employer Under the New Labour Codes
Simpliance | Risk Management Blog
by Animay Singh
3y ago
Background The four new Labour Codes introduce a plethora of changes to India’s regulatory framework. Their impact on various domains such as IT/ITes companies, payroll and salaries and more have been discussed in previous posts. In this post we shall examine the impact of each of the four codes on the liabilities of a principal employer. This shall allow us to obtain an understanding of the various compliance consequences of the same. The above juxtaposed… The post Liabilities of the Principal Employer Under the New Labour Codes appeared first on Blog | Risk Management | Governance | HR | Com ..read more
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