Government may consolidate Private Sector Employee Benefits
The Labour Ministry is finalising the social security code
that would amalgamate half a dozen laws to simplify social security regulations
besides allowing working women to avail longer maternity leave and make
gratuity portable.
The key laws that will be subsumed under such a social
security code include the Employees Provident Fund &
Miscellaneous Provision Act, 1952, the Employees' State Insurance Act, 1948, the Employees' Compensation
Act, 1923, the Payment of Gratuity Act, 1972 and the Maternity Benefit Act,
1961.
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