Sales & Marketing : 59/32, New Rohtak Road, New Delhi-110 005 India
Phone : +91-11-45562222
Website : www.taxmann.com
E-mail : sales@taxmann.com
Regd. Office : 21/35, West Punjabi Bagh, New Delhi-110 026 India
Printed at :
Tan Prints (India) Pvt. Ltd.
44 Km. Mile Stone, National Highway, Rohtak Road Village Rohad, Distt. Jhajjar (Haryana) India
E-mail : sales@tanprints.com
Disclaimer
Every effort has been made to avoid errors or omissions in this publication. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. It is notified that neither the publisher nor the author or seller will be responsible for any damage or loss of action to any one, of any kind, in any manner, therefrom. It is suggested that to avoid any doubt the reader should cross-check all the facts, law and contents of the publication with original Government publication or notifications. No part of this book may be reproduced or copied in any form or by any means [graphic, electronic or mechanical, including photocopying, recording, taping, or information retrieval systems] or reproduced on any disc, tape, perforated media or other information storage device, etc., without the written permission of the publishers. Breach of this condition is liable for legal action.
For binding mistake, misprints or for missing pages, etc., the publisher’s liability is limited to replacement within seven days of purchase by similar edition. All expenses in this connection are to be borne by the purchaser. All disputes are subject to Delhi jurisdiction only.
CONTENTS
New Labour Codes - An Overview
Acts that shall repealed by New Labour Codes
Table showing sections of Code on Wages, 2019 & corresponding provisions of Minimum Wages Act, 1948
Table showing sections of Code on Wages, 2019 & corresponding provisions of Equal Remuneration Act, 1976
Table showing sections of Code on Wages, 2019 & corresponding provisions of Payment of Bonus Act, 1965
Table showing sections of Code on Wages, 2019 & corresponding provisions of Payment of Wages Act, 1936
Table showing sections of Industrial Relations Code, 2020 & corresponding provisions of Trade Unions Act, 1926
Table showing sections of Industrial Relations Code, 2020 & corresponding provisions of Industrial Employment (Standing Orders) Act, 1946
Table showing sections of Industrial Relations Code, 2020 & corresponding provisions of Industrial Disputes Act, 1947
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Employee’s Compensation Act, 1923
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Employee’s State Insurance Act, 1948
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Maternity Benefit Act, 1961
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Payment of Gratuity Act, 1972
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Building and Other Construction Workers’ Welfare Cess Act, 1996
Table showing sections of Code on Social Security, 2020 & corresponding provisions of Unorganised Workers’ Social Security Act, 2008
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Factories Act, 1948 I-99
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Plantations Labour Act, 1951 I-103
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Mines Act, 1952 I-106
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Beedi and Cigar Workers (Conditions of Employment) Act, 1966 I-111
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Contract Labour (Regulation and Abolition) Act, 1970 I-115
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of the Inter-State Migrant Workmen (Regulation of Employment and Conditions of Services) Act, 1979 I-118
Table showing sections of Occupational Safety, Health and Working Conditions Code, 2020 & corresponding provisions of Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996 I-122
DIVISION THREE
DIVISION
TABLE
SHOWING SECTIONS OF CODE ON WAGES, 2019 & CORRESPONDING PROVISIONS OF PAYMENT OF BONUS ACT, 1965
Code on Wages, 2019
Payment of Bonus Act, 1965
Section Heading Section Heading
1 Short title, extent and commencement 1 Short title, extent and application
2 Definitions 2 Definitions
2(a) Accounting year
2(b) Advisory Board
2(c) Agricultural income tax law
2(d) Appropriate Government
2(e) Company
2(f) Contractor
2(g) Contract labour
2(h) Co-operative society
2(i) Corporation
2(j) Direct tax
2(k) Employee
2(l) Employer
2(m) Establishment
2(n) Factory
2(o) Government establishment
2(p) Income-tax Act
2(q) Industrial dispute
2(r) Inspector-cum-Facilitator
2(s) Minimum wage
2(t) Notification
2(u) Prescribed
2(v) Same work or work of a similar nature
2(w) State includes a Union Territory
2(x) Tribunal
2(y) Wages
2(z) Worker
3 Prohibition of discrimination on ground of gender
2(1) Accounting year
2(3) Agricultural income tax law
2(5) Appropriate Government
2(9) Company
2(10) Co-operative society
2(11) Corporation
2(12) Direct tax
2(13) Employee
2(14) Employer
2(15) Establishment in private sector
2(17) Factory
2(16) Establishment in public sector
2(19) Income-tax Act
2(20) Prescribed
2(21) Salary or Wages
TABLE SHOWING SECTIONS OF CODE ON WAGES, 2019 & CORRESPONDING PROVISIONS OF PAYMENT
OF WAGES ACT, 1936
Code on Wages, 2019
Payment of Wages Act, 1936
Section Heading Section Heading
1 Short title, extent and commencement 1 Short title, extent and commencement and application
2 Definitions 2 Definitions
2(a) Accounting year
2(b) Advisory Board
2(c) Agricultural income tax law
2(d) Appropriate Government
2(e) Company
2(f) Contractor
2(g) Contract labour
2(h) Co-operative society
2(i) Corporation
2(j) Direct tax
2(k) Employee
2(l) Employer
2(m) Establishment
2(n) Factory
2(o) Government establishment
2(p) Income-tax Act
2(q) Industrial dispute
2(r) Inspector-cum-Facilitator
2(s) Minimum wage
2(t) Notification
2(u) Prescribed
2(v) Same work or work of a similar nature
2(w) State includes a Union Territory
2(x) Tribunal
2(y) Wages
2(z) Worker
2(i) Appropriate Government
2(ia) Employed person
2(ib) Employer
2(ii) Industrial or other establishment
2(ic) Factory
2(ii) Industrial or other establishment
2(iv) Prescribed
2(vi) Wages
Code on Wages, 2019
35 Calculation of direct tax payable by employer
36 Set on and set off of allocable surplus
37 Adjustment of customary or interim bonus against bonus payable under this Code
38 Deduction of certain amounts from bonus payable
39 Time-limit for payment of bonus
40 Application of this Chapter to establishments in public sector in certain cases
41 Non-applicability of this Chapter
42 Central Advisory Board and State Advisory Boards
43
44 Payment of various undisbursed dues in case of death of employee
45 Claims under Code and procedure thereof
46 Reference of disputes under this Code
47 Presumption about accuracy of balance sheet and profit and loss account of corporations and companies
48
of Wages Act, 1936
attachment of property of employer or other person responsible for payment of wages
of undisbursed wages in cases of death of employed person
New Labour & Industrial Laws
AUTHOR : TAXMANN'S EDITORIAL BOARD
PUBLISHER : TAXMANN
DATE OF PUBLICATION : JANUARY 2025
EDITION : 2025 EDITION
ISBN NO : 9789364556606
NO. OF PAGES : 450
BINDING TYPE : PAPERBACK
DESCRIPTION
New Labour & Industrial Laws is an authoritative compendium providing a detailed exposition of the four New Labour Codes:
• Codes Covered:
o Code on Wages, 2019
o Industrial Relations Code, 2020
o Code on Social Security, 2020
o Occupational Safety, Health and Working Conditions Code, 2020
• Notifications
This book offers a thematic overview and a section-by-section mapping of changes, repeals, and corresponding provisions from old laws to the new Codes. It benefits legal professionals, HR managers, policymakers, labour law students, and anyone involved in implementation.
A standout feature is the inclusion of charts and tables comparing old and new provisions, along with an overview of the New Labour Codes.
The Present Publication is the 2025 Edition and amended up to 16th December 2024. This book is edited by Taxmann's Editorial Board, and its coverage includes the following:
• Comparative Study of New & Old Labour Laws
• Lists of Acts repealed by the New Codes
• Tables correlating sections of each Code with corresponding provisions of repealed Acts, including:
o Code on Wages, 2019 with Minimum Wages Act, Equal Remuneration Act, Payment of Bonus Act & Payment of Wages Act
o Industrial Relations Code, 2020 with Trade Unions Act, Industrial Employment (Standing Orders) Act & Industrial Disputes Act
o Code on Social Security, 2020 with Employees' Compensation Act, ESI Act, EPF Act, Maternity Benefit Act, Payment of Gratuity Act, BOCW Cess Act & Unorganised Workers' Social Security Act
o OSHWC Code, 2020 with Factories Act, Plantations Labour Act, Mines Act, Beedi & Cigar Workers Act, Contract Labour Act, Inter-State Migrant Workmen Act & BOCW (Regulation) Act
