Old Provision (Labor Act 2048 & Labor Rules

S. No. Topic New Provision (Labor Act 2074)

2050)
Applicable to all the entities regardless of the
1 Applicability number of employees Was Applicable to the entities engaging 10 or more employees.
2 Probation Period 6 Months 1 Year
Any Organization was required to allocate 5% of Gross Profit for
3 Housing Fund Provision Scrapped the Housing facility of Employees.
Fully Paid upto 12 days in a year & Can be
4 Sick Leave accumulated upto 45 days Half Paid upto 15 days in a year.
5 Maternity Leave 60 Fully Paid days 52 Fully Paid Days
6 Paternity Leave 15 Fully Paid days No Such Provision
7 Home Leave Can be accumulated upto 90 days Could be accumulated upto 60 days
8 Provident Fund Eligible for PF from the day of Joining Earlier No Such Provision
9 Gratuity at 8.33% of basic salary for every month of service. ' For first seven year of service - half month
For Eighth to fifteen year of service - 2/3rd of One Month salary
for every year worked
For More than fifteen year of service - One Month salary for
every year worked

10 Gratuity Eligible from the Day of Joining Were Eligible only after thre three years of service.

Minimum insurance for Rs. 1 Lakh for

Medical
every staff for Medical treatment. Such
11 Treatment No Such Provision
insurance should be borne equally by the
Insurance
employee and employer

Accidental Accidental Insurance Covering Minimum

12 Insurance of Rs. 7 Lacs for every employee. No Such Provision
Coverage Employer should bear the premium.
Festival Compulsory One Month Festival Allowance
13 No Such Provision
Allowance to be given to Employees
Is made for Self notes.