Dear all,
I am working as an HR at a pharmaceutical company. I want to know the acts that are applicable to pharmaceutical companies. Where can I find the details of the latest amendments and complete information on the acts, labor laws, etc.? Please share the information.
From India, Hyderabad
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I am working as an HR at a pharmaceutical company. I want to know the acts that are applicable to pharmaceutical companies. Where can I find the details of the latest amendments and complete information on the acts, labor laws, etc.? Please share the information.
From India, Hyderabad
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Legal Framework for Pharmaceutical Companies
A pharma company is similar to any other company registered under the Companies Act, 2013, as an organic legal entity for general legal and common accounting purposes. Different labor laws apply depending on its unit-wise activities. For example, its manufacturing facility would come under the Factories Act, 1948, and its registered/corporate office, if located separately, would come under the respective State Shops and Establishments Act; the same applies to regional/branch offices or godowns. In the case of employment of medical representatives for the exclusive purpose of sales promotion operations, the Sales Promotion Employees Act would be applicable to such employees. Social security legislations like ESI, EPF, Gratuity, and Maternity Benefit would apply to the establishment as a whole. Additionally, allied laws like the Payment of Wages Act, 1936, Minimum Wages Act, etc., and Industrial Relations Acts like the Standing Orders Act, 1946, and the Industrial Disputes Act, 1947, would also be applicable.
You can go through the Ministry of Labor Website of the Government of India and States to get the bare Acts, Rules, and latest amendments.
From India, Salem
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6108A pharma company is similar to any other company registered under the Companies Act, 2013, as an organic legal entity for general legal and common accounting purposes. Different labor laws apply depending on its unit-wise activities. For example, its manufacturing facility would come under the Factories Act, 1948, and its registered/corporate office, if located separately, would come under the respective State Shops and Establishments Act; the same applies to regional/branch offices or godowns. In the case of employment of medical representatives for the exclusive purpose of sales promotion operations, the Sales Promotion Employees Act would be applicable to such employees. Social security legislations like ESI, EPF, Gratuity, and Maternity Benefit would apply to the establishment as a whole. Additionally, allied laws like the Payment of Wages Act, 1936, Minimum Wages Act, etc., and Industrial Relations Acts like the Standing Orders Act, 1946, and the Industrial Disputes Act, 1947, would also be applicable.
You can go through the Ministry of Labor Website of the Government of India and States to get the bare Acts, Rules, and latest amendments.
From India, Salem
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Amended Labor Laws.doc