Question
Which of the following statement is correct regarding
the Maternity benefits act 1971? I. It is applicable where 10 or more workers are working, or working in the last 12 months. II. In 2017 amendment increased the maternity leave period from 12 weeks to 26 weeks. III. The amendment made it mandatory for establishments with 100 or more employees to provide crèche facilities within a prescribed distance. IV. If any employer contravenes the provisions of this Act, he shall be punishable with imprisonment which may extend to one year, or with fine which may extend to five thousand rupees, or with both.Solution
Crèche Facilities: The amendment made it mandatory for establishments with 50 or more employees to provide crèche facilities within a prescribed distance. The woman employee is also allowed to visit the crèche four times a day.
A manufacturing company is considering expanding its production capacity by acquiring new machinery. The company is exploring the option of leasing the ...
Government has announced a Centrally Sponsored Scheme namely, “New India Literacy Programme” (NILP). The New India Literacy Programme (NILP) has ...
In the financial year 2024–25, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)achieved a record by approving how much worth o...
The GST structure was simplified by the government in 2025 to move to a two-slab system. However, a new tax rate was introduced for luxury and sin good ...
According to the Union Budget Speech 2024‑25, how many “E-Commerce Export Hubs” (in PPP mode) are to be set up for MSMEs and artisans?
What is the primary service provided by boutique investment banks?
In the GFCI 38 (September 2025) report, which financial centre in the Middle East & Africa region is reported to have moved up by 14 places?
Country Y is experiencing high inflation rates due to a combination of factors, including supply chain disruptions, rising energy prices, and loose mone...
When a company sells a fixed asset, the resulting gain from the sale must be categorized appropriately in the financial statements. Understanding the na...
What does the two way rates quoted as 1$=82.10/11 ₹, mean?
Relevant for Exams:
