Wednesday, 11 December 2019

Unit 13: Industrial Law


Unit 13: Industrial Law

The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 is a social welfare legislation enacted for the purpose of institution of provident fund for employees in factories and other establishments.

This Act provides for the institution of compulsory provident fund, family pension fund and deposit linked insurance fund for the benefit of the employees.

Gratuity as an additional retirement benefit has been secured by labour in numerous instances, either by agreement or by awards.

The employee and the employer or any other person raising the dispute regarding the amount of gratuity, may make an application to the controlling authority to decide the dispute. Nomination once made can be modified, after giving due notice to the employer.

If a nominee predeceases the employee, a fresh nomination is required to be made.

The purpose of avoiding any payment makes any false statement or false representation is punishable with imprisonment up to 6 months and/or fined up to 1000.

Disablement: It is the permanent inability or reduction in the earning capacity of the workmen.

Employee: Any person who is employed for wages in any kind of work, manual or in connection with the work of an establishment and who gets wages directly or indirectly from the employer and includes any person employed by or through a contractor in or in connection with the work of the establishment.

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