https://www.taxtmi.com/acts?id=53074 Section 114 permits notified government officers to compound specified penalties and offences by accepting composition sums-50% of the maximum penalty for penalties and 75% of the maximum fine for offences-either before or after enquiry or prosecution; receipt of composition discharges the person and bars further proceedings. Failure to comply with a compounding order attracts an additional 20% of the maximum penalty or fine. Composition receipts are credited to the fund for unorganised workers. Compounding is barred for second or subsequent offences or penalties by the same person within three years of earlier compounding or conviction. en-us Mon, 19 Jan 2026 12:07:53 +0530 Wed, 21 Jan 2026 14:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53074 Section 114 permits notified government officers to compound specified penalties and offences by accepting composition sums-50% of the maximum penalty for penalties and 75% of the maximum fine for offences-either before or after enquiry or prosecution; receipt of composition discharges the person and bars further proceedings. Failure to comply with a compounding order attracts an additional 20% of the maximum penalty or fine. Composition receipts are credited to the fund for unorganised workers. Compounding is barred for second or subsequent offences or penalties by the same person within three years of earlier compounding or conviction. Act-Rules Labour laws Mon, 19 Jan 2026 12:07:53 +0530 https://www.taxtmi.com/acts?id=53074