1. Highlights of EXIM Policy
(As revised with effect from 01-04-1999) Directorate General of Foreign
Trade,
Computerisation & Electronic Communication with ExportersElectronic
filing of application is being started on pilot basis for issuance of
advance license at Delhi. This will enable the exporter to file his
application electronically and receive a response through E-mail. All
Status holders will have the facility to collect the hard copy of their
license within 24 hours of filing their application. This facility will
gradually be extended to all other Ports within a prescribed time frame.
The objective is to bring about transparency and reduce physical interface
between the exporter and the DGFT. This would also result in ensuring
time bound sanction of licenses. 2. Patents (Amendment) Rules 1999: Draft Rules 1. In the patents Rules, 1972 (hereafter referred to as the principal
rules) in rule 6
(a) for
sub-rule (1), the following sub-rule shall be substituted, namely: “(1)
Any application, notice or other document authorised or required to
be filed, left, made or given at the Patent Office; or to the Controller
or to any other person under the Act or those rules, may be sent by
hand or by a letter addressed to the Controller at the appropriate office
or to the person through post or registered post or speed post or courier
service and if it is sent by post, or registered post or speed post
or courier service it shall be deemed to have been filed, left, made
or given at the time when the letter containing the same would have
been delivered in the ordinary course of post or registered post or
speed post or courier service, as the case may be. In proving such sending,
it shall be sufficient to prove that the letter was properly addressed
and mailed. If the documents
sent through Tele-Fax, are clear and fully legible, they shall also
be accepted provided 3. The
Industries Development & Regulation Act of 1951 It is an Act to provide the development and regulation of certain industries including Drugs, pharmaceuticals (and their Intermediates), Cosmetics, Toilet preparations, Leather Goods, Glass etc. The Central Government may also establish for any such industry a Development Council. 4. The
Trade & Merchandise Marks Act of 1970 The Act
provides for the registration and better protection of trademarks and
for the prevention of the use of fraudulent marks on merchandise. For
the purpose of this Act a record called the Register of Trade marks
Registry is maintained wherein are entered all registered trademarks
with names, address and description of proprietors. Copies of register
are kept at all branches of the Registry. 5. The Factories Act of 1948 This
is a Central Act, and applies to establishments employing 10 or more
workmen where power is not used. The Factories Act specifically provides
for health, safety and welfare of workers, employment of children, hours
of work, overtime, leave benefits. registration of factories issue of
licenses and renewal thereof, Maharashtra Factories Rules 19636. The Minimum Wages Act of 1948 This
is a Central Act. The primary object of this enactment is to make provisions
for fixing minimum rates of wages in certain specified employment. This
employment is enumerated in the schedule to the Act. It is open to the
appropriate Government to add to the schedule any other employment in
respect of which it is of the opinion that minimum rates of wages should
be fixed. With minimum rates of wages, the Act also contains provisions
regarding working hours, weekly holiday paid holidays, overtime and
special Authority to hear and decide complaints regarding non-payment
of wages at the minimum rate of any monetary payment due under the Act. The Maharashtra Minimum Wages
Rules, 1963 7. The Payment of Wages Act 1936 This
is a Central Act. The object of the Act is to regulate the payment of
wages to certain classes of persons employed in industry. The Act provides
for fixation of wage period, the time for payment of wages and for deductions
which maybe made from wages, deduction for fines absence from duty,
damages or loss caused to the employer's property deductions for recovery
of advance etc., and also for machinery to hear and decide complaints
regarding deduction from wages or delay In payment of wages, This Act
also makes express provision to the effect that a worker cannot contract
out any right conferred upon him under the Act. TThis
is a Central Act. It provides for periodical payment to employees in
the event of sickness confinement and disability on account of employment
injury and to the dependents of workers in the event of their death
as also for medical treatment and attendance for employees and their
families. This Act applies in the first instance to all the factories
having manufacturing process with the aid of power or ordinarily so
carried on (except mines) and where on 20 or more persons are working
or were working on any day of the preceding twelve months. The expenses
for providing the benefits are met from contribution by the employees
and of grants from the Government. These contributions are to be paid
at the rate specified in the Table given with first schedule (under
sections 39, 49, 50 and 52). Provisions are made to make it applicable
to any other establishment or class of establishment industrial, commercial,
agricultural or other. All permanent employees receiving remuneration
or wages up to Rs. 1600/- p.m. (excluding remuneration for overtime
work) are covered by this Act. Further, all the casual workmen, contract
employees, piece rated employees, part-time employees and persons 9. The Payment of Bonus Act, 1965 This
is a Central Act. This Act provides for the payment of Bonus to persons
employed in certain establishments. The provisions
under the Act compels an employer to pay a minimum bonus of 8.33% of
the salary or wages to every adult employee or Rs.100 (Rs.60, in case
of an employees having salary less than Rs.2500 p.m. and has worked
minimum for 30 working days in the accounting year. This Act also provides
for payment of higher rates of Bonus up to maximum of 20% of the salary
or wages. A new establishment is exempted from paying Bonus unless profits
are made within 5 years following. After this period, even if there
are losses, the employer is bound to pay statutory minimum Bonus. 10. The Employees Provident Fund and Miscellaneous Provisions Act, 1952 This is a Central Act. This Act provides for the institution of Provident Funds. Family Pension and Employees Deposit Linked Insurance Scheme for employees in certain specified establishment as per the list in Schedule 1 of the Act. The Central Government has powers to extent the Act to other establishment as well. All details regarding the institution of the fund, its administration, employees required or entitled to join the funds, payment and withdrawal from the funds etc. are prescribed in the schemes framed by the Central Government under the Act. The Act presently applies to establishments employing 20 or more persons. All contribution should be deposited within 125 days from be ending of wage period, failing to which the penal provisions provided in the Act are attracted. The minimum rate of Provident Fund contribution is Likely to increase from 6.25 to 8.33% of basic wages. 11. Contract Labour (Regulations and Abolition) Act 1970This
is a Central Act. It seeks to regulate the employment of contract labour
in certain establishments and to provide for its abolition in certain
establishments and to provide for its abolition in certain circumstances
and for matters connected therewith. Under this Act the principal employer
is also made responsible for the workers. He is bound to ensure that
the amenities stipulated in the Act are made available to the workmen
employed by the contractors in his establishment. Every establishment
wherein 20 or more contract labour are employees comes under the preview
of the Act and the establishment then required to apply for Its registration
and aviary contractor has to obtain a license. 12.Industrial Disputes Act (i) The
aim of this Act is to avoid violent action like strikes and lock outs,
which inflict injuries on employer, employees, consumers and the national
economy. It therefore provides procedures for investigations and settlements
of Industrial disputes. “Workman”
under this Act means any person (including an apprentice) employed in
any industry to do any manual, unskilled, skilled, technical, operational,
clerical or supervisory work for hire or reward. This definition does
not include a person : |
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