Factories Act, 1948 | CMA Inter Laws & Ethics by CA Aishwarya Khandelwal Kapoor

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Published on: Jun 10, 2021
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The Factories Act, 1948, as amended by the Factories Act, 1987, served to assist in formulating national policies in India with respect to occupational safety and health in factories and docks in India. It dealt with various problems concerning safety, health, efficiency and well-being of the persons at work places

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    Gratuity is a lump sum amount that employers pay their employees as a sign of gratitude for the services provided. The gratuity rules are mandated under the Payment of Gratuity Act, 1972. The act was passed by the Parliament on 21st August 1972 and came into force on 16th September the same year.

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