MoLE issued a notification regarding the

Dec 12, 2024 | by TeamLease RegTech Legal Research Team

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Labour Compliance The Ministry of Labour and Employment (MoL&E) on December 11, 2204, issued a notification regarding the declaration of the Banking Industry as a Public Utility Service.

The Central Government hereby declares the services of the industry engaged in the Banking Industry to be a public utility service for the purposes of the said Act for a further period of six months with effect from December 15, 2024.

[Notification NO. S.O. 5362(E)]

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