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Labour registers for firms reduced to 5 from 56

Labour registers for firms reduced to 5 from 56

Friday, February 24, 2017, 12:06 PM

In order to improve the ease of doing business, the government has cut down the number of registers to be maintained under labour laws, to 5 from 56, for 58.5 million firms. These registers are related to details of employees, their salaries, loans/recoveries, attendance, and others. This exercise will help companies save cost and efforts and also ensure better compliance with labour laws.
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