The Contract Labour Regulation and Abolition Act is an important piece of legislation in India that regulates the employment of contract labor. As an employer, it's essential to understand this act's provisions and comply with them to avoid legal and financial consequences. In this post, we'll provide you with a guide to the Contract Labour Regulation and Abolition Act in India.
The Contract Labour Regulation and Abolition Act, 1970, is a central law that regulates the employment of contract labor in India. It applies to establishments that employ 20 or more contract workers on any day in the preceding 12 months. The act aims to protect the rights of contract workers and ensure that they receive fair wages and working conditions.
Non-compliance with the Contract Labour Regulation and Abolition Act can lead to severe penalties, including fines, imprisonment, and cancellation of the establishment's registration. Employers may also face legal action from contract workers for violating their rights under the act.
As an employer in India, it's essential to comply with the Contract Labour Regulation and Abolition Act to avoid legal and financial consequences. By understanding the act's provisions and ensuring compliance, you can protect your business and your contract workers.
If you’re hiring contractors, you’re probably spending too much time on their payroll, contracts, and tax documents. Which is why we built Panther, which saves you 90% the time you spend on contractor paperwork each month.
With Panther, you can compliantly hire your contractors in 150+ countries, onboard them in minutes, and pay them all at once (in a click). It’s global contractor payroll, finally simplified.
Sound interesting? Click here to watch a 4-minute product demo and see the platform firsthand (without ever having to book a lengthy product demo call).