When Demonetization Drive Began in November'16, Many People and Leaders Said, They were not given any chance to opt non-cash mode. Fact is, there were many steps Government took, from Introduction of Jan-Dhan Accounts to promotion of digital apps for payment. Now, Govt is giving chance to all such establishments not complying the provisions of labour laws specially PF, ESI and Bonus. From July'17 there can be move by various labour law departments with surprise visits at factories and offices. So Keep records ready, get labour laws health check conducted by Accounts & HR Teams together or ask your consultants, if outsourced. Do it at time or will have no time to correct things. It will include maintenance of Records & Documents, Hanging of Extracts from Various Laws at Notice Board & Ensuring compliance at Contractors End (To have Proof - Copy of Challans/Returns). Thanks.
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