The government has intensified its work on the proposed new labor laws from next fiscal year. According to information obtained through Hindustan sources, the government may change the existing overtime time limit under the new rules. According to the new rules, if the work is more than 15 minutes above the allotted time, it will be included in the overtime category and the company will have to pay the employee.
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This time limit was half an hour. The Ministry of Labor has completed consultations with all stakeholders in this regard. According to the officer in charge of the case, all processes are complete by the end of this month and the process of implementing the rules can begin. The government hopes that with these new regulations, with the improvement of business activities, the status of workers will also change.
Profit for contract workers
According to the new laws, those who work in contracts or work under a third party are scheduled to receive a larger compensation. In this, such provisions are made so that the person working in the contract cannot be paid. After a meeting with the government, trade unions and industry, it was agreed that only the major employers, i.e. companies, would ensure full pay.
PF and ESI facilities
Employees are advised to make rules to ensure the management of facilities such as PF and ESI. With the new provisions, the government intends to prevent the company from claiming that the company can no longer provide facilities such as PF and ESI to contractors or third-party employees.
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