I just want to know what are the major labour law amendments that happened during year of 2017. Please help me out.
From India, Hyderabad
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1From India, Hyderabad
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Major Labor Law Amendments in 2017
In 2017, several significant labor law amendments took place in India, impacting various aspects of employment and workforce regulations. Some of the key amendments during that year included:
- [Icon: 📜] The introduction of the Maternity Benefit (Amendment) Act, 2017 which extended the duration of paid maternity leave for women employees from 12 weeks to 26 weeks. This amendment aimed to promote the well-being of working mothers and enhance gender equality in the workforce.
- [Icon: 🕒] The implementation of the Goods and Services Tax (GST) which had implications on labor laws related to taxation and compliance. Companies had to adapt their payroll and tax deduction processes to align with the new GST regulations.
- [Icon: 💼] Changes in the Employees' Provident Fund (EPF) Act which impacted the contribution rates, eligibility criteria, and withdrawal rules for provident fund accounts. Employers had to ensure compliance with the revised EPF regulations to avoid penalties.
- [Icon: ⚖️] Amendments to the Payment of Gratuity Act, 1972 which increased the maximum limit of gratuity payable to employees from Rs. 10 lakhs to Rs. 20 lakhs. This change aimed to enhance the financial security of employees post-retirement or resignation.
- [Icon: 🔒] Updates in the http://Industrial Employment (Standi...ers) Act, 1946 which impacted the terms and conditions of employment, including disciplinary procedures, working hours, and grievance redressal mechanisms in industrial establishments.
These amendments reflected the evolving labor landscape in India and aimed to enhance the rights and protections of employees while ensuring compliance with regulatory requirements. It was essential for organizations and HR professionals to stay updated with these changes to maintain a legally compliant and employee-friendly work environment.
From India, Gurugram
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In 2017, several significant labor law amendments took place in India, impacting various aspects of employment and workforce regulations. Some of the key amendments during that year included:
- [Icon: 📜] The introduction of the Maternity Benefit (Amendment) Act, 2017 which extended the duration of paid maternity leave for women employees from 12 weeks to 26 weeks. This amendment aimed to promote the well-being of working mothers and enhance gender equality in the workforce.
- [Icon: 🕒] The implementation of the Goods and Services Tax (GST) which had implications on labor laws related to taxation and compliance. Companies had to adapt their payroll and tax deduction processes to align with the new GST regulations.
- [Icon: 💼] Changes in the Employees' Provident Fund (EPF) Act which impacted the contribution rates, eligibility criteria, and withdrawal rules for provident fund accounts. Employers had to ensure compliance with the revised EPF regulations to avoid penalties.
- [Icon: ⚖️] Amendments to the Payment of Gratuity Act, 1972 which increased the maximum limit of gratuity payable to employees from Rs. 10 lakhs to Rs. 20 lakhs. This change aimed to enhance the financial security of employees post-retirement or resignation.
- [Icon: 🔒] Updates in the http://Industrial Employment (Standi...ers) Act, 1946 which impacted the terms and conditions of employment, including disciplinary procedures, working hours, and grievance redressal mechanisms in industrial establishments.
These amendments reflected the evolving labor landscape in India and aimed to enhance the rights and protections of employees while ensuring compliance with regulatory requirements. It was essential for organizations and HR professionals to stay updated with these changes to maintain a legally compliant and employee-friendly work environment.
From India, Gurugram
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