A labour laws compliance calendar is vital for businesses to navigate the dynamic landscape of regulatory requirements.
β By ensuring adherence to evolving labour laws, it:
Safeguards employee rights
Mitigates legal risks
Maintains operational efficiency
Proactively tracking deadlines and tasks aids in resource allocation and fulfilling ethical responsibilities. Ultimately, it provides a structured framework to uphold legal obligations, protect employees, and sustain ethical standards in the workplace.
π Letβs have a look at the important due dates for FY 2024β25:
ποΈ Industrial Disputes Act, 1947 and Rules, 1957
Compliance Description
Requirement
Form
Notice for change in condition of services and restrictions
Notice at least 21 days before making such a change
Form E
Notice of Lay-off (Commencement & Termination)
Within 7 days of such commencement and termination
Form O1 and O2
Notice and procedure upon closure of the establishment
Apply at least 90 days before intended closure for prior permission
Form Q and QA
Annual Return
20th day of the month after end of half year
Form G1
π΅ Payment of Wages Act, 1936
Compliance Description
Requirement
Form
Payment of Wages
Wages to be paid before the 7th day (if < 1000 employees), and before the 10th day (if > 1000)
NA
π Payment of Bonus Act, 1965
Compliance Description
Requirement
Form
Annual Return
On or before February 1st each year
Form D
π§Ύ Minimum Wages Act, 1948
Compliance Description
Requirement
Form
Annual Return
Upload unified annual return before February 1st
Form III
π Payment of Gratuity Act, 1972
Compliance Description
Requirement
Form
Payment of Gratuity
Within 30 days when it becomes due
NA
π’ Notification of Establishment (Opening, Change or Closure)
Compliance Description
Requirement
Form
Opening of Establishment
Within 30 days of opening or rules becoming applicable
Form A
Change in Name, Address, Employer, Nature of Business
Within 30 days of change
Form B
Closure of Business
At least 60 days before intended closure
Form C
πΌ Employee Provident Funds (EPF) Act, 1952
Compliance Description
Requirement
Form
Return Filing
Within 15 days of the close of the month
Form 5
π₯ Employeesβ State Insurance (ESI) Act, 1948
Compliance Description
Requirement
Form
Registration of Establishment
Within 15 days of allotment of code number
Form 01
Intimation of Change in Particulars
Within 2 weeks of such change
Form 01A
Return of Information Filing
Nov 12 (for AprβSep) & May 12 (for OctβMar)
Form 5
Monthly Contribution Payment
15th of the next month
NA
π Factories Act, 1948
Compliance Description
Requirement
Form
Notice by Occupier
At least 15 days before using premises as a factory
Form 2
Renewal of License
At least 3 months before expiry
Form 2
Return Filing
Annual: Jan 31st; Half-Yearly: July 15th
Form 29 / Form 30
π· Contract Labour (Regulation & Abolition) Act, 1970