Labour law compliances are the mandatory rules which companies should have to follow. It is a set of rules and regulations for the employees. The working environment and the economy have developed over time. There are many acts governing the labour law. Labour law compliances are enforced under state as well as central government. These are the compliances that companies should have to follow,

The Minimum Wages Act, 1948

The minimum wage of the employees is protected by this act. It is enforced because the labourers should get basic pay based on the work of the employee. Every time the parliament of India reviews the minimum wage because the inflation rate in India also simultaneously increases. So companies have to mandatorily comply with the provisions when it is required.

The Payment of Wages Act, 1936

The act ensures that the employees get their wages correctly and appropriately.

The Payment of Bonus Act, 1965

Employees need to get the bonuses in festival time for managing the expenses of themselves and their families. The payment should be entered in the register and it requires compliance when it is needed.

The Equal Remuneration Act, 1976

This act provides the provision for equal remuneration of the employees based on their work without any discrimination between men and women.

The Industrial Disputes Act, 1947

This act monitors industrial disputes and compensation on the basis of the damage accrued because of the disputes. The main objective of this act is to provide peace and harmony between the workmen to workmen and workmen to management in the industries.

The Building and Other Constructions Workers’ (Regulation of Employment and Conditions of Service) Act, 1996

This act was enacted for the regulation of the employees working in the construction field. This act gives the protection of the workers in the construction field. The compensation for the damage accrued in the workplace etc.

The Motor Transport Workers Act, 1961

This act protects the labourers in the transportation field. It directs the industries to get the proper insurance of the employees, the compensation of the employees. This act gives the provision of getting all the formalities and licences for the workers in the transportation field.

The Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979.

The act gives the provision for the protection of the inter-state migrant workers and the company has to arrange the accommodations for the employees.

The Child Labour (Prohibition and Regulation) Act, 1986

The act prohibits child labour within the age of 14. This act prohibits child labourers in certain fields and organisations.

Conclusion

If there is non-compliance, an organisation will be subject to fines, penalties, lawsuits, loss of credibility, and maybe even closure of the business. So it is mandatory for the organisations to follow the procedures of compliances prescribed in the various acts of labour law.