Draft of the Social Security (Employee's Compensation)(Central) Rules, 2021

The Ministry of Labour and Employment has notified the draft rules related to Employee’s Compensation under the Code on Social Security. Any objections and suggestions are required to be submitted within a period of 45 days from the date of notification.

The draft rules supersede:

  • Employee’s Compensation Rules, 1924
  • Employee’s Compensation (Transfer of Money) Rules, 1935; and
  • Employee’s Compensation (Venue of Proceedings) Rules, 1996

The Draft Rules covers the aspects relating to interest rates applicable in case of delays in compensation settlements, manner of notice, transmitting money, process for claims and settlement.

The Code on Security Code (Code) supersede the Employee’s Compensation Act and cover the relating provisions under the Chapter VII under the Code.

The Employee’s Compensation provisions covers the aspects of employer compensating the employee in case of fatal accidents, bodily injuries, partial or full disablement, occupational diseases, etc.

Related Acts

More Notifications

More and more growing companies are using greytHR.
Take a demo and find out why

  • HR & Payroll Administration
  • What is HRMS?
  • What is Payroll?
  • What is Statutory Compliance?
  • Guide to Leave Management
  • Guide to Attendance Management
  • Holiday Lists 2023
  • Holiday Lists 2024
  • Product
  • HR Software
  • Payroll Software
  • Leave Management System
  • Attendance Management System
  • Performance Management System
  • Employee Self Service
  • greytHR Service Status
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use