A contractor is someone who is hired or engage for a particular purpose or particular project. Even though in India there is a regulation (the Contract Labour Regulation and Abolition Act) that governs the engagement of contractors, principal employers sometimes enter into an agreement to strengthen and safeguard their rights. Even though a contractor’s position is temporary in nature, legislations like provident fund, employee state insurance, bonus and maternity benefit will continue to apply as these would to regular employees of an organisation. A sample agreement between contractor and principal employer can be viewed hereunder. You could order one for your business needs at the under mentioned price.
