Minimum Wage

Recent Amendments and Notifications in March 2024 Affecting Employers – SGC Regulatory Bulletins

SGC Services, Payroll Company [NOIDA, India] – We would like to bring to your attention the recent amendments and notifications that have been issued in March 2024.

Stay up to date with the latest changes in labor laws and regulations with our comprehensive list of amendments and notifications issued in March 2024. From minimum wage updates to safety and security guidelines for female employees, these updates are crucial for employers to ensure compliance. Dive into the details provided in the annexures for a better understanding of how these changes may impact your business operations.

  1. The Government of Telangana has released minimum wages for scheduled employment, effective from 1st April 2024. Please refer to the press note for more details (Annexure 1).

  2. The Union Territory of Chandigarh has also released minimum wages, effective from 1st April 2023. Please refer to the respective notifications for more details (Annexure 2 and 3).

  3. The Employee Provident Fund Organisation has released a circular on SOP for processing joint declarations for member profile updation in EPFO. Please refer to the circular for more details (Annexure 4).

  4. The Government of Madhya Pradesh has issued a notification regarding the revision of minimum rates of wages for various scheduled employment, effective from 1st April 2024. Please refer to the notification for more details (Annexure 5).

  5. The Government of Haryana has prescribed certain conditions for factories applying for exemption to employ women during night shifts for their safety and security, valid for one year from the notification issuance. Please refer to the notification for more details (Annexure 6).

  6. The Government of Kerala has revised the variable dearness allowance for employment in Shops, Commercial Establishments, and the Computer Software Sector. Please refer to the press release for more details (Annexure 7).

  7. The Government of Bihar has released a notification on the revision of minimum wages and VDA for 69 scheduled employments, effective from 1st April 2024. Please refer to the notification for more details (Annexure 8).

  8. The Government of Rajasthan has issued a notification regarding safety and security arrangements for female employees working at night in Shops and Establishments. Please refer to the notification for more details (Annexure 9).

  9. The Government of Manipur has issued a notification on the Manipur Labour Laws Exemption from Renewal of Registration and License by Establishments Act 2024, effective from 22nd December 2023. Please refer to the notification for more details (Annexure 10).

  10. The Government of Uttarakhand has released minimum rates of wages, effective from 1st April 2024. Please refer to the notification for more details (Annexure 11).

  11. The Government of Maharashtra has issued a notification on the Maharashtra Labour Welfare Fund Amendment Act 2024. Please refer to the notification for more details (Annexure 12).

These amendments and notifications are important for employers to stay compliant with the latest regulations. We encourage you to review the details provided in the annexures for a better understanding of the changes.

Thank you for your attention.

Thanks.

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Regulatory Bulletin_Mar’2024.pdf

Annexures.zip