
OVER VIEW
IN THE STATE OF KERALA A MEDIUM SIZE INDUSTRY OR A COMMERCIAL ESTABLISHMENT IS DESTINED
To comply with not less than TWENTY TWO Labour Laws.
To maintain not less than FORTY statutory registers
To submit not less than ONE HUNDRED AND THIRTY statutory returns in a year
To face not less than TEN inspections in a year
To set apart not less than 30% of the total wage bill towards obligations under various Labour Laws.
Labour Laws are tricky. Penalty for non-compliance is stiff. Do you know how grave the Consequences which may arise out of a non-compliance under a Labour Enactment.
ACTS OFFENCE IMPRISONMENT FINE DAMAGES
ESI&EPF Non payment of contribution Three years Rs. 25000/- 25%P.A &
Factories Act Contravention of every provision Two years Rs. 100000/- 12% interest
For subsequent conviction Three years Rs. 200000/-
REMEMBER
Even a lapse or an inadvertent mistake may turn costly and a bad stain on your reputation.
Bring in Experts
ᐓ To save money.
ᐓ To save valuable management time.
ᐓ To avoid the stress and strain of management.