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Equality Before Law: Mantra for Corporate Sustainable

Equality Before Law: Mantra for Corporate Sustainable

Equality before the law is a principle that upholds the idea that all people are equal in the eyes of the law. The idea serves as a foundations to a just society, and it is essential to ensure that corporate activities are sustainable and fair.

Jaipuria School of Business organized an Alumni Talks on” Equality Before Law: Mantra for Corporate Sustainable” on 28 January 2022, which Ms. Aakansha Gahlaut (Advocate) (Batch 2009-2011), Legal Counselor, Delhi Commission for Woman headed.

Ms. Gahlaut introduced herself and started the session by asking the student,” What is Equality before the law.”

“Equality before the law is our first fundamental right that means we all are equal before the law; irrespective of our caste, gender, age, and creed,” she said.

“Equality of the law gives us an equal opportunity for public employment. If we are not given an equal opportunity or facing any discrimination, that means our rights are getting violated,” she added.

She attempted to explain ‘Equality before the law’ from corporate world’s perspective. Further, she added some more details about different acts such as:

  • Minimum wage act– It says that the worker’s minimum payment is according to the designation. It depends from state to state.
  • Payment of wage act 1936– The wage amount demonstrates that the organization must credit salary before the seventh day of the month. This act also governs the amount of deduction carried.
  • Equal Remuneration act 1976– It represents the pay we receive must be similar irrespective of gender if our designation is the same.
  • PF Act 1952:It governs one’s PF pension. She also explained that private organizations cut the PF balance from the employee salary. It is 12% based on wages.
  • Employee state insurance act:In which one can claim medical insurance.
  • Bonus act 1965- In which the lower limit is 8.3%.
  • Gratuity act- When one completes five years in an organization, they can apply for the gratuity.

Ms. Gahlaut was focused on explaining various laws that the government has provided for the corporate world. The session was very interactiven and knowledgeable for the attendees.

Jaipuria School of Business highlights the advanced learning of students through experience and caters to this idea through workshops and seminars. Many students with a vast attendance attended the session, where they learned Equality Before Law: Mantra for Corporate Sustainable and how these techniques could support their life goals!