May 25, 2024

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Registration canceled for factories not submitting built-in annual returns

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Under the Business Reform Action Plan by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, C.G. Integrated Annual Return Scheme Notification has been carried out by the Government, Labor Department. In this scheme, in response to the principles made beneath varied labor laws, a provision has been made to add the built-in annual return within the labor division portal on-line by June 30 yearly in lieu of annual returns to be filed by a manufacturing facility / institution in varied types. . On evaluate of the mentioned scheme, the unified annual return has not been uploaded on the portal of Labor Department throughout the stipulated time interval by the negligible factories and institutions, giving them a chance once more in case of not importing the built-in annual return inside 15 days Action will probably be taken to cancel the license / registration of institutions.