Daily Tip: Remember to renew your Labour License

Labour License

If you hire contract labour and are required to have a Labour License according to the Contract Labour (Regulation and Abolition) Act, 1970, the deadline to apply for a renewal of license for 2022 is 30 November 2021!

You must apply for a renewal at least 30 days before expiry.

License renewal can now be done online in many states. The renewal process, the documents and forms required, and fees to be paid vary by state. So, remember to check the requirements in your respective state and renew your license for ease of work in 2022!

Here is a list of other tax deadlines this month.

Having all your licenses up-to-date makes it easier for you to apply for small business funding quick. This also indicates to lenders that you are a responsible business owner who keeps track of due dates and expiries, making you a more attractive borrower to them. 

Business Loans. Enabled Simply.