COVID–19 Relief Measures in Employment and Labor Laws

The Ministry of Labour and Employment has announced various relief measures for the benefit of labour and manpower employed in companies, factories and establishments, amidst this global pandemic which is empowering the world. These measures definitely provide the much-needed support and reassurance to the work force, registered with the Ministry. The details of relief measures are stated below:

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Financial Year 2019-20 will end on March 31st

The Finance Ministry has clarified that FY 2019-20 will end on March 31st 2020 and FY 2020-21 will start on April 1st 2020, thereby putting an end to all the rumors doing the rounds about a possible extension.

The onset of rumors was due to misquotation of a   notification issued by the Department of Revenue, Ministry Of Finance dated 30th June 2020 related to certain amendments to the Indian Stamp Act.

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