Industry & labour laws

Presented by
Sai phani
List of acts:
1) Factories act, 1948
2) Minimum wages act, 1948
3) Payment of wages act, 1936
4) Equal remuneration act,1976
5) Employees state insurance act,1948
6) Employees PF act,1952
7) Payment of bonus act,1965
8) Payment of gratuity act, 1972
9) Workmen's compensation act, 1923
10)Contract labour act,1970
11)Maternity benefit, 1961
12)Child labour act,1986
13)Industrial employment act, 1946
14)Industrial dispute act, 1947
15)Indian trade union act, 1926
16)Labour laws act, 1988
17)Employment exchange act, 1959
18)Apprentices act, 1961
EPF Act,1952

The Employees' Provident Funds and Miscellaneous Provisions

Act, 1952 came into effect on 4th March 1952

3 schemes come under this

Employees' Provident Fund Scheme, 1952

Employees' Deposit Linked Insurance Scheme, 1976

Employees' Pension Scheme, 1995 (replacing the

Employees Family Pension Scheme, 1971)
Employee provident fund act,
1952

APPLICABILITY OF THE ACT

A part of the employees salary is

benefitted to this scheme which can be
withdrawn by the employee in later
stages for his purpose Security , Help
during dire circumstances

As a rule, any company having more

than 20 employees has to register with
EMPLOYEES' PROVIDENT FUND
ORGANIZATION OF INDIA
Statutory body of the Government of India under the Ministry of Labor and
Employment

The headquarters of the organization is in New Delhi

It administers a compulsory contributory Provident Fund Scheme, Pension Scheme

and an Insurance Scheme.

It is one of the largest social security organizations in the India in terms of the
number of covered beneficiaries and the volume of financial transactions undertaken

The total assets under management at more than INR 5 lakh crores (US$91
billion) as of 1 May 2013

Theorganization is administered by a Central Board of Trustees, composed of

representatives of the Government of India, provincial governments, employers and
employees

The board is chaired by the Union Labor Minister of India.

Contribution

1. Employees : 12% on Basic + DA

(dearness allowance)
2. Employer :
(a) 3.67% on Basic + DA (dearness
allowance)
(b) Administrative Charges : 1.10%
on
Basic +DA (dearness allowance)
 Employee Employer
12% 0r
higher
3.67%(or 8.33%(max. of Rs
less/Remaining) 541 pm

Employee Pension Scheme,

Employees Provident Fund 0.5 1995.
Scheme, 1952 %
1.16
Employee Deposit Linked Insurance %
Scheme,1976

+ Interest on the complete

fund(8.5%)

Government
Example
Mr. X starts working with abasic salary of Rs. 20,000,
and receives a 5% increment in salary every year.
He has worked for 35 years and has contributed 12%
of his basic salary, which has been matched by his
employer as 3.67% to EPF and 8.67% to EPS.
His total contribution in 35 working years has been
Rs. 26.01 lakh and the company has contributed Rs.
7.95 lakh, making it a total contribution of Rs. 33.96
lakh.
This amount will grow to a total ofRs. 1.38 crore at
the time of his retirement!(at rate of interest
stays constant at 8.5%).
Employment exchange act,
1959
The Act covers the employers in
establishments both in public and
private sectors.
It is applicable to establishments
which are engaged in non-
agricultural activities and employing
25 or more workers.
Objectives of the Act
1959
To help the unemployed persons
,both skilled and unskilled and semi-
skilled, to seek suitable employment
To enable government to formulate
its policy of training in technical
education
To access the employment potential
in various categories of
establishments and to have a better
appreciation of the labor market
Repatriate vs Expatriate
Expatriate
Anexpatriate is a person
temporarily or
permanentlyresiding as
animmigrant in a country
other than that of their
citizenship.
Repatriate
An repatriate means sending
back the person from abroad to
home country and restore the
citizenship of his country.

In common usage, the term is

often used in the context of
professionals or skilled workers
sent abroad by their
companies.
Regulations for
expatriate:
Social Security Agreements (SSA)
Bilateral comprehensive economic
agreement (BCEA)
Mandatory contribution
Thank you