India’s labour landscape is characterized by a significant presence of contract labour across industries, leading businesses to increasingly rely on these flexible workforces. Managing contract labour in today’s dynamic business environment demands innovation, as it comes with a unique set of challenges and issues. The regulatory complexity surrounding labour laws requires businesses to adopt forward-thinking strategies for effective contract labour management and compliance planning.
Understanding the Regulatory Landscape
Compliance with labour laws in India is crucial for businesses, particularly when engaging contract labour. There are various central and state-level laws that govern the employment of contract labour, including the Contract Labour (Regulation and Abolition) Act, 1970, Minimum Wages Act, 1948, and the Industrial Disputes Act, 1947, among others.
Strategic Compliance Planning
- Legal Structure : One of strategic decisions is choosing the appropriate legal structure for...
