The Form V under Contract Labour Act Maharashtra: Understanding Its Importance

The Contract Labour (Regulation and Abolition) Act, 1970 is a central legislation that regulates the employment of contract labour in establishments throughout India. Under this act, every employer who employs 20 or more contract workers is required to obtain a license from the appropriate government authority and comply with the provisions of the act.

One of the important provisions of the act is the requirement to maintain certain registers and records. The Form V is one such register that needs to be maintained by the principal employer. In this article, we will understand the importance of the Form V under the Contract Labour Act Maharashtra.

What is Form V?

The Form V is a register that contains the details of the contract workers employed by the establishment. It should be maintained by the principal employer and kept on the premises where the work is being carried out.

The Form V should contain the following details:

1. Name and address of the contractor

2. Name, address, and age of each contract worker

3. Nature of work for which the worker is employed

4. Date of commencement of employment

5. Period of contract

6. Wage rates and other remunerations

7. Hours of work

8. Date of payment of wages

9. Deductions made from wages

10. Any other particulars required by the appropriate government authority

Why is Form V important?

The Form V is an important register that helps the appropriate government authority to monitor the compliance of the provisions of the Contract Labour Act Maharashtra. It facilitates the inspection of the establishment premises and enables the authorities to ensure that the contract workers are being paid the minimum wages and other benefits as per the act.

The Form V also helps the principal employer to keep track of the contract workers employed by the establishment. It enables them to maintain accurate records and avoid any legal issues arising due to non-compliance of the provisions of the act.

Conclusion

The Form V is a crucial register that needs to be maintained by every principal employer employing contract workers. It helps the appropriate government authority to monitor the compliance of the provisions of the Contract Labour Act Maharashtra and ensures the welfare of the contract workers. As a professional, it is important to understand the importance of such legal registers and provide accurate information to the readers.