latest circular no. 14(87)/2016 dt 25/11/16 (Open)

latest circular no. 14(87)/2016 dt 25/11/16 (Open)

  Prakash jha      29 November 2016

latest circular no. 14(87)/2016 dt 25/11/16 issued by Ministry of Labour & Employment plz explain what is effect  Deepak Nagori      30 November 2016

Effect is to open bank accounts for those who did not open it yet.  Prakash jha      30 November 2016

it is compulsory for every firm or sector plz explain . if any firm not follow this rule what impact 
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Prakash jha