Is PL or EL mandatory for a company? Can you please help me with the details?

Is PL or EL mandatory for a company? Can you please help me with the details?

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Hello,

In response to your query, PL (Public Liability) or EL (Employer's Liability) insurance may be mandatory for a company depending on various factors such as the nature of the business, local regulations, and industry standards.

Public Liability insurance typically covers claims made by third parties for injury or property damage caused by your business activities. Employer's Liability insurance, on the other hand, is a legal requirement in many countries to protect employees in case of work-related injuries or illnesses.

To determine whether PL or EL insurance is mandatory for your company, it is advisable to consult with an insurance expert or legal advisor who can provide specific details based on your business needs and location.

If you require further assistance or information on this matter, feel free to ask.

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Thank you.

Both EL (Earned Leave) and PL (Privileged Leave) mean the same, and granting leave to employees is mandatory for any organization. The number of leaves to which an employee is entitled may change depending on the nature of the industry, i.e., factory, mine, plantation, or commercial establishments.

Hi Madhu,

Thank you for your reply. If possible, could you please share the supporting notification with me? It will help me to proceed further.

Thank you.

Please let me know what the nature of the industry is, whether it is a factory, mine, shop, or commercial establishment.

It's a commercial establishment.

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The corrected text has fixed the spelling error and maintained the original meaning of the sentence.

Dear Mr. Yogeeswar,

You can refer to the Shop and Establishment Act of the respective state.

Under the Tamil Nadu Shops and Commercial Establishments Act, you are supposed to give 12 days of Casual Leave and 12 days of Sick Leave to every employee. Moreover, every employee who completes 12 months of service shall be entitled to 12 days of Earned Leave.

Thank you for providing me with the information.