Importance of Various Types of Labour Laws
Laborers are an integral part of the financial condition or economy of an individual business or a country as a whole. Usually, businesses, big or small, contribute to the economy of the country. Usually, people start their businesses by investing some money. They undertake all the responsibilities in managing the funds and finding markets and customers to sell the goods they would manufacture. Here. Most business owners prefer hiring the most skilled workforce that can work well to produce the goods or other materials that the businesses may deliver to their clients.
Due to this, the businesses need to follow labour lawyer so that they can manage their workforce well. Only a satisfied workforce can work well and help you to accomplish your business aspiration and targets. Here, knowing the types of labour laws is important. Additionally, you should also know and accept the significance of those laws.
Some of the most prominent labor laws in India include the following:
- The Trade Unions Act, of 1926
- Factories Act, 1948
- Industrial Employment (Standing Orders) Act, 1946
- Payment of Bonus Act, 1965
- Labour Law Compliance Rules
- Payment of Wages Act, 1936
- Worker’s Compensation Act, 1923
- Maternity Benefits Act, 1961
- Unorganized Workers' Social Security Act, 2009
- The Payments of Gratuity Act, 1972
- Employees Provident Fund
- Sexual Harassment of Women at Workplace Act, 2013
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