What are the latest Labour Law Updates?

Want to keep yourself abreast with the latest Labour Updates?

What is Labour Compliance Software?

The companies in India must carry out statutory compliance under various Labour Laws. The range of labour compliance is not restricted to filing returns and maintaining statutory deposits and records by means of the company. For any legal trial, these records shall be produced as evidence under various statues. Also, if the business or company in any case fails to make the industrial law compliance, there are strict penalties specified by the law.

Indian Labour Law contains various acts consisting of every possible aspect for the protection of labour rights. The application of the law relies on the type of firm. Also, there are many laws which are applicable to employer as well as employee respectively. Below mentioned are the few points which indicate why labour compliance is important:

· It improves the relation between the employer and employees thereby minimising the industrial disputes.

· It is in the interest of the workers to prevent them from exploitation by their employees and management.

· It helps workers in getting fair wages.

· Reduction of conflicts and strikes etc.

· Promotes healthy environment conditions in the industrial system.

· Provides compensation to workers, who are victims of accidents.

Compliance technology significantly enhances your overall compliance program which has a tangible impact on the business’ position in the external marketplace. One of the core goals of a Labour Compliance Automation Software is to ensure that employees understand company policies and how they can directly and positively impact compliance issues and outcomes. Through technology, businesses can more fully educate employees, as well as review and communicate key indicators such as comprehension and participation levels. This comprehensive approach benefits the compliance program and the company in the long term

Take the step forward and subscribe legal updates in India! Call us at 8893594595 for details or write to us at www.avantis.co.in to schedule a demo.

Compliance updates during Covid-19!

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Avantis has one of the most comprehensive Compliance databases in India with over 1,100 Acts and 60,000 Compliances updated on a near real time basis covering over 3,000 changes every year. It helps Directors, Board Members and Legal and compliance officers stay up to date on their compliance requirements and reduce operational, reputational and financial risks.

Compliance updates are covered under the Central Government, and all 29 states and 7 union territories,as well as more than 7000 towns/cities and 2.5 lakh Gram Panchayats. The compliance solution is available for free on native Android and iOS platforms, with richer functionality built in through the RuleZBook App which is available for download on Google Playstore as well as Apple Appstore.

Avantis Regtech’s compliance update coverage is comprehensive – encapsulating all compliance updates across seven categories – Labour, Environment/Health/Safety, Finance and Taxation, Secretarial, Commercial, Industry specific and General (including Local).

 In our country compliance updates are scattered across multiple government websites and tracking these legal updates manually is a challenge that companies fail at often, leading to missed compliances which result in heavy penalties.

We at Avantis Regtech use state of the art technology tools such as AI, ML, OCR to crawl over 2000 regulatory websites daily, giving the ability to rapidly analyse and synthesise 2500 legal updates per year, making a credible real-time database.

Avantis (A Teamlease Company) is India’s leading regulatory technology products company. Rulezbook app by Avantis is the most comprehensive digital repository of various acts, compliances and regulatory updates. Using this app, users can search for any act, compliance, related documents, updates, using basic as well as parametric search. Additionally, the user can mark favorites and put them under watchlist, get notified about new updates on a daily basis, and also get access to Avantis newsletters.

 Take the step forward and subscribe legal updates in India! Call us at 8893594595 for details or write to us at http://www.avantis.co.in to schedule a demo.