To improve ease of doing business in India, various steps have been taken by the government in 2018 to simplify labour laws and provide better benefits to employees. This update summarises some of the key developments in the past year and gives a brief overview of what can be expected in 2019.
THE YEAR THAT WAS
Over the past few years, the government has been making a concerted effort under its 'Reform to Transform' initiative to streamline, simplify and update existing laws.
2018, also saw significant focus on employee rights and benefits which enhanced certain obligations on employers. Amendments to the Payment of Gratuity Act, 1972 doubled the maximum gratuity payable to employees, while a new law to protect the rights of persons suffering from AIDS prohibits employers from discriminating against such persons at the time of selection as well as during employment.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.