payment of bonus act
This query is : Resolved
16 October 2010
please tell me difference between factory and establishment
16 October 2010
Hi
Section 2(15), 2(16) and 2(17) of Payment of Bonus Act, 1965 deal with the definitions of establishment and factory. These Act not provide detail of factory and any majoy difference of factory and establishment.
Factory means
1. A building or group of buildings in which goods are manufactured; a plant.
2. A vessel in which newly caught seafood is prepared for shipment and sale: a floating fish factory.
2. A business establishment for commercial agents or factors in a foreign country.
3. The source of prolific production: a rock group that was a hit-tune factory; a motel that served as an illegal drug factory.
A place of production characterized by wage labor, the use of machinery, and the division of labor. The large-scale use of machinery differentiates factory production from simple manufacture, and the division of labor sets it apart from even the most elaborate handicraft establishments. Standardized goods are produced and sometimes sold more cheaply by the factory system, and occasionally the goods are better than those made by artisans. The factory system makes possible huge increases in output per man-hour though at the same time division of labor deprives individual workers of much of their sense of creativity.
factories are defined as those establishments where 10 or more workers are employed using energy and also where 20 or more workers are employed without any use of energy to any manuacturing activity which incleds alteration of raw material etc into a new produsts and relevat conditions under the factories act. a compnay has to be registered as a factory if it is engaged in any manufacturing activity. so if registered as a factory it shall be sued under the relevant labour laws.but if not registered as a factory it may still be sued under relevant applicable labour laws.
Establishment Means
Establishment is an economic unit that produces or sells goods or services and operates from a single physical location. If a firm has several such locations , each is termed as establishment.
Section 2(15), 2(16) and 2(17) of Payment of Bonus Act, 1965 deal with the definitions of establishment and factory. These Act not provide detail of factory and any majoy difference of factory and establishment.
Factory means
1. A building or group of buildings in which goods are manufactured; a plant.
2. A vessel in which newly caught seafood is prepared for shipment and sale: a floating fish factory.
2. A business establishment for commercial agents or factors in a foreign country.
3. The source of prolific production: a rock group that was a hit-tune factory; a motel that served as an illegal drug factory.
A place of production characterized by wage labor, the use of machinery, and the division of labor. The large-scale use of machinery differentiates factory production from simple manufacture, and the division of labor sets it apart from even the most elaborate handicraft establishments. Standardized goods are produced and sometimes sold more cheaply by the factory system, and occasionally the goods are better than those made by artisans. The factory system makes possible huge increases in output per man-hour though at the same time division of labor deprives individual workers of much of their sense of creativity.
factories are defined as those establishments where 10 or more workers are employed using energy and also where 20 or more workers are employed without any use of energy to any manuacturing activity which incleds alteration of raw material etc into a new produsts and relevat conditions under the factories act. a compnay has to be registered as a factory if it is engaged in any manufacturing activity. so if registered as a factory it shall be sued under the relevant labour laws.but if not registered as a factory it may still be sued under relevant applicable labour laws.
Establishment Means
Establishment is an economic unit that produces or sells goods or services and operates from a single physical location. If a firm has several such locations , each is termed as establishment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding appeal to GSTAT
- Multiple trade mark
- Value of property in capital gain
- Copyright software
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
