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) |
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.
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
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Source: egazette.gov.in ·