Brick HR

On 13 June 2016, the Division Bench of the Hon'ble Bombay High Court (comprising of Hon'ble Justice V M Kanade and Hon'ble Justice M S Sonak) has passed an ad interim order staying the retrospective operation of the Payment of Bonus (Amendment) Act, 2015 (the Amendment Act) in a writ petition filed by Tech Mahindra Limited, who was represented by the Firm. Background The Payment of Bonus Act, 1965 (the Principal Act) was enacted by the Parliament in 1965. The preamble to the Principal Act states that it is an " Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profit or on the basis of production or productivity and for matters connected therewith " . The Principal Act provides for the mandatory annual payment of bonus, calculated on the basis of the gross-profits which are determined at the close of the accounting year, to eligible employees of establishments which employ 20 or more persons. Under the Pr

Daily Wages which has been increased from Rs  100/- per day to Rs 137/- per day the effective date of the same is 14th June 2016

No doubt the present draft bill on Labour Law Code will defiantly put Trade Union in graveyard. Its lucid that it will replace our grand old Trade Union Act, 1926. The draft code Section 5(1) had introduced many changes in respect to the Registration of Trade Union requirement under Section 4 of Trade Union Act, 1926. It appears that at least 10% of the members of the establishment or industry must be members of the Trade Union seeking registration. The existing alternate threshold of 100 members has been removed without providing any explanation. The first proviso permitting 100 members to apply is only for the purpose of making the application . A minimum of 10% of the members of the establishment or industry have to be members of the Trade Union to qualify it for application. Earlier, 7 or more members would have sufficed to apply for registration. The Draft Code however mandates that 10% or 100 members, whichever is less, are to be the applicants. In large establi

Dear Readers, Greeting from Street HR!!!!! Many times queries had come to me in regarding Profession tax slab in regards to Pan INDIA either from side to side in  emails or on personal  window .   Please refer to the below link, updated Pan INDIA Professional Tax applicability & Slab of respective states.  Pan INDIA Professional Tax Slab & Applicability