(1) In accordance with the provisions of this Code, the statutory rules and compliance mandates governing Power of State Government to make rules shall be enforced across all covered establishments throughout India.
(2) Every employer, establishment, or covered entity shall strictly adhere to the operational guidelines, contribution ceilings, registration schedules, and benefit disbursement standards specified under this section.
(3) Any default, failure to deposit contributions, or contravention of statutory mandates under this section shall be subject to recovery proceedings under Chapter XI and penalties under Chapter XII.
Legal Commentary & Landmark Judgments: Section 150
Section 150 of the Code empowers State Governments to make rules in respect of establishments and social security matters falling within their constitutional executive domain under the Concurrent List.
In multi-state enterprises, ensure company human resource policies align with the specific State Social Security Rules enacted by each respective State Government, particularly regarding crèche guidelines and local welfare board remittances.