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Home is not a place, it is a feeling
The State Workmen’s Minimum House Rent Allowance Act, 1983 and The Workmen’s Minimum House Rent Allowance Rules, 1990
The Essence
the genesis
The focus was to design the salary structure of workmen, such that there is a mandatory component of HRA, which comes with its attendant benefits. HRA is an important component of compensation.
It helps cover for shelter and also brings tax benefits to the employees. Hence, the The Maharashtra Workmen’s Minimum House Rent Allowance Act
Home is the nicest word there is
Scope of the Act and rules
Objective
Provides for payment of minimum House Rent Allowance to industrial workers in the State at a minimum percentage of the total wages. It applies to factories and establishments employing 50 or more workmen
coverage
- Responsibility for payment of HRA
- Recovery of HRA as a fine
- Registers and records to be maintained
- Returns to be submitted periodically
- Penalties for offences under the Act
"Service to others is the rent you pay for your room here on Earth"
Muhammad Ali
Three steps to success
We Help You Every Step Of The Way
Let’s face it! HR Policies need to be designed keeping the industry sector, business requirement and the needs of the workforce in mind. A one size fits all approach does not work when it comes to writing a number of policies.
On the other hand, labour laws require that companies adhere to various statutory compliances, but are difficult for the lay person to comprehend. Why stress over them. Leave the heavy lifting to us!
01
learning about all your business
Tell us which sector you are in, where you are located, how many employees by gender, if you engage contract labour etc
02
Send you relevant Labour compliances & HR Policies
Our system gets to work and creates a customised set of documents just for you. We deliver in 2 to 4 weeks
03
Keep you updated
on revisions to law
We constantly track changes in labour legislations, new policies in vogue and update you
