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Taxmann Employment Exchanges (Compulsory Notification of Vacancies) Act 1959

From Taxmann
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Publisher :Taxmann

ISBN No :978-9364550291

SKU :TMP252

Edition :2025

Pages :28

Format :Paperback

HSN No :49011010

Country Region :India

Weight :0.055 kg

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Description

Objectives

  • To collect and provide information on employment opportunities.

  • To ensure that all eligible job seekers have equal access to notified vacancies.

  • To assist the government in manpower planning and policy formulation.

  • To improve the coordination between job seekers and employers.


Applicability

  • Applies to:

    • All establishments in the public sector.

    • Certain categories of establishments in the private sector (where 25 or more persons are employed).

  • Does not apply to:

    • Agricultural employment.

    • Domestic service.

    • Unskilled office work.

    • Employment lasting less than 3 months.


Key Provisions

  1. Compulsory Notification of Vacancies

    • Employers must notify prescribed vacancies to employment exchanges before filling them.

    • Notification does not mean compulsory recruitment through employment exchanges but ensures transparency.

  2. Submission of Returns

    • Employers are required to furnish quarterly returns about vacancies filled and manpower employed.

  3. Employment Exchanges

    • Serve as the link between job seekers and employers.

    • Maintain data on job vacancies and available manpower.

  4. Penalties for Non-Compliance

    • Failure to notify vacancies or submit returns may attract fines.

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Content

Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959

Introduction

  • Enacted in 1959, came into force in 1960.

  • Provides for compulsory notification of vacancies by employers to Employment Exchanges.

  • Aims to ensure transparency in recruitment and to help government collect data for employment policy and manpower planning.


Objectives

  1. To make employment opportunities accessible to job seekers.

  2. To ensure transparency in the filling of vacancies.

  3. To build a database for labour market analysis.

  4. To assist in government planning and employment generation policies.


Applicability

  • Applies to:

    • All public sector establishments.

    • Certain private sector establishments (25 or more employees).

  • Exemptions:

    • Agriculture.

    • Domestic service.

    • Unskilled office work.

    • Casual employment (less than 3 months).

    • Employment connected with Parliament or State Legislatures.


Key Provisions

1. Notification of Vacancies

  • Employers must notify prescribed vacancies to Employment Exchanges before filling them.

  • Applies to skilled, semi-skilled, and professional posts (above a prescribed pay level).

  • Notification does not bind employers to recruit only through exchanges, but ensures wider publicity.

2. Submission of Returns

  • Employers must submit quarterly returns providing details of:

    • Number of persons employed.

    • Vacancies notified, filled, and unfilled.

    • Type of occupations.

3. Duties of Employment Exchanges

  • Collect and maintain information about job seekers.

  • Circulate information about vacancies.

  • Assist in matching manpower supply with demand.

4. Inspection & Records

  • Authorised officers may inspect records of employers.

  • Employers must maintain prescribed records of vacancies and employment.

5. Penalties

  • Failure to notify vacancies: Fine up to ?500 for first offence; up to ?1000 for subsequent offences.

  • Failure to furnish information/returns: Fine up to ?250 for first offence; up to ?500 for subsequent offences.

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Product Summary

Taxmann Employment Exchanges (Compulsory Notification of Vacancies) Act 1959

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