- January 7, 2021
- Posted by: IBA LLP
- Category: Articles, Regulatory
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INTRODUCTION
The President recently gave assent to four codes related to Labour Law namely, the Code on Wages, 2019, the Occupational Safety, Health and Working Conditions Code, 2020, the Industrial Relations Code, 2020 and the Code on Social Security, 2020.
The aim of the codes are as follows:
1. Unification of concepts and construct of the law on each of the subjects mostly based on judgments from the courts.
2. To secure the rights of the employees and employers.
3. Simplification of compliance, monitoring and implementation.
The new codes have the following aim and have subsumed the following legislations: Readmore..
Author : Surbhi Sharma