Ministry of Labour and Employment

PUS Banking

Ministry of Labour and Employment published this gazette notification (Gazette ID: CG-DL-E-09062025-263685) on 9 June 2025, filed under Extra Ordinary. The purpose of this notification is to introduce or amend regulations related to PUS Banking, potentially affecting the financial and administrative aspects of employment in India.

Issue Date
Published
Gazette ID CG-DL-E-09062025-263685
Category Extra Ordinary
Part & Section Part II-Section 3-Sub-Section (ii)
Statutory Compliance Summary

Action Required

Employers and HR departments must review and understand the implications of the PUS Banking notification on their financial and administrative processes, and take necessary steps to ensure compliance with the amended regulations. They may need to update their banking and payment systems to align with the new requirements.

Target Roles:
HR DirectorPayroll ManagerCompliance OfficerEmployer
Industries Impacted:
AllService SectorIT/ITESManufacturing

Statutory Penalty Risk

Penalty under the relevant Labour Codes, such as the Code on Wages, 2019, or the Industrial Relations Code, 2020, may apply in case of non-compliance.

Statutes & Rules Amended

  • Code on Wages, 2019
  • Industrial Relations Code, 2020
  • Payment of Wages Act, 1936

Purpose

The purpose of this notification is to introduce or amend regulations related to PUS Banking, potentially affecting the financial and administrative aspects of employment in India.

Summary

The Ministry of Labour and Employment has issued a gazette notification on 09-Jun-2025 regarding PUS Banking, which may impact various industries and employers in India. The notification is categorized as Extra Ordinary, indicating its significance and potential implications for labour law compliance.

Frequently Asked Questions

Which ministry issued this gazette notification (CG-DL-E-09062025-263685)?
Ministry of Labour and Employment issued this notification, published on 09-Jun-2025.
What is Gazette Notification CG-DL-E-09062025-263685 about?
The purpose of this notification is to introduce or amend regulations related to PUS Banking, potentially affecting the financial and administrative aspects of employment in India.
Where can I find the official PDF for this notification?
The official gazette PDF is published on egazette.gov.in. An archived copy is also available for download directly from this page, in case the official portal is temporarily unavailable.
What compliance action is required under Gazette Notification CG-DL-E-09062025-263685?
Employers and HR departments must review and understand the implications of the PUS Banking notification on their financial and administrative processes, and take necessary steps to ensure compliance with the amended regulations. They may need to update their banking and payment systems to align with the new requirements. No specific compliance deadline is specified in this notification.
Who is impacted by Gazette Notification CG-DL-E-09062025-263685?
This notification primarily targets HR Director, Payroll Manager, Compliance Officer, Employer across the All, Service Sector, IT/ITES, Manufacturing sector(s).
What are the statutory penalties for non-compliance with Gazette Notification CG-DL-E-09062025-263685?
Non-compliance with the provisions of this notification may attract: Penalty under the relevant Labour Codes, such as the Code on Wages, 2019, or the Industrial Relations Code, 2020, may apply in case of non-compliance..

Source: egazette.gov.in ·