Description
Four New Labour Codes are going to Replace 29 Existing Labour Laws. New Law will bring the digitalized system of Legal Compliance, there will be a surge in the Compliance level of Labour Law. The Demand for People well-versed in New Labour Codes will be on the higher side.
Some Notable Features
- The system of Inspector Raj has been abolished.
- Numerous Penalties have been prescribed.
- Due to digitalized system, cases of Penalties, Prosecutions, and Claims will increase.
- There will be proper tracking of each Complaint (with a unique ID)
- In some cases, the Inspector cum facilitator will give one chance to comply.
- Inspections will be done as per the inspection scheme designed by Appropriate Government.
- HR Managers & Compliance Officers will have to Comply with these laws in true letter & spirit.
- Most likely these New Labour Codes may come into effect in year 2025.
- Once made effective will likely to remain there for next 20-30 years.
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