what Labor/Compliance rules and regulations does a IT Software (Product based) company should follow.

It is a Private Ltd Company so i wanted to understand the Act it will follow for the purpose of the complaisance and the other Labour regulations.
12th October 2018 From India, Mumbai

The question of whether IT/ITES based units are 'Industry" or not still being debated in India. There is no conclusion arrived at. There is widespread opinion in favour of recognizing these units as 'Industry' growing. Therefore till such time proper amendments are issued the IT/ITES units are to be registered & governed under the Shops & Commercial Estts. act of the respective states only. Therefore in Maharashtra, the Bombay Shops & Comml.Estt. Act will be applicable including labour relaed regulations. Read the bare act attached.
12th October 2018 From India, Bangalore

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The Bombay Shops & Establishments Act.pdf (248.6 KB, 35 views)

Begin with Full-Scale Compliance with Sexual Harassment of Women at Worplace 9Prevntion, Prohibition & Redressal) Act 2013 and the Rules gazetted on 9.12.2013.
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14.10 18
14th October 2018 From India, Delhi

Dear All
The Bombay Shops and Establishment Act, 1948 has been repealed and New Maharashtra Shops and Establishments
(Regulation of Employment and Conditions of Service) Act, 2017 has come in to effect from 7th Sep 2017.
Regards,
20th October 2018 From India, Andheri