Ensuring statutory compliance is of utmost importance for HR professionals in today’s complex business environment. Failure to comply with applicable laws and regulations can lead to legal issues, penalties, and damage to the organization’s reputation. In this article, we will provide you with a comprehensive statutory compliance checklist for HR, highlighting key laws and regulations that HR professionals need to follow.
- Employment Laws:
- Minimum Wages Act
- Payment of Wages Act
- Employees’ Provident Fund and Miscellaneous Provisions Act
- Employees’ State Insurance Act
- Payment of Bonus Act
- Maternity Benefit Act
- Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act
- Industrial Employment (Standing Orders) Act
- Contract Labour (Regulation and Abolition) Act
- Shops and Establishments Act
- Taxation Laws:
- Income Tax Act
- Tax Deducted at Source (TDS) provisions
- Goods and Services Tax (GST)
- Professional Tax
- Labor Laws:
- Industrial Disputes Act
- Factories Act
- Payment of Gratuity Act
- Employees’ Compensation Act (formerly Workmen’s Compensation Act)
- Employee State Insurance (ESI) Act
- Employee Provident Fund (EPF) Act
- Payment of Bonus Act
- Data Privacy and Protection:
- The Personal Data Protection Bill (expected to become law soon)
- Information Technology Act
- Right to Information Act
- Equal Opportunity and Anti-Discrimination Laws:
- The Equal Remuneration Act
- The Rights of Persons with Disabilities Act
- Prevention of Sexual Harassment at the Workplace
- Occupational Health and Safety:
- The Occupational Safety, Health, and Working Conditions Code (expected to replace several existing laws)
- Factories Act
- Building and Other Construction Workers Act
- Mines Act
Compliance with statutory laws and regulations is a critical responsibility for HR professionals. This comprehensive statutory compliance checklist serves as a valuable guide to ensure adherence to key laws related to employment, taxation, labor, data privacy, equal opportunity, and occupational health and safety. By following these regulations, organizations can maintain legal compliance, protect employee rights, and create a safe and productive work environment. Stay updated with the evolving legal landscape and ensure ongoing compliance to mitigate risks and build a strong foundation for your HR practices.
Community Manager.