List of Statutory Compliance in India Statutory compliance refers to the legal framework that organizations must adhere to while dealing with their employees. In India, these laws are established by various acts and cover a wide range of areas including labour laws, tax laws, and health and safety regulations. Here is a comprehensive list of key statutory compliances that businesses in India need to follow:  The Factories Act, 1948 Governs…

The job market is undergoing a significant transformation, driven by rapid advancements in technology, shifting economic landscapes, and evolving workforce expectations. At the forefront of this transformation are staffing solutions companies, which are playing a pivotal role in reshaping how we work, where we work, and what the future of work will look like. Flexibility and Agility in the Workforce One of the most significant changes brought about by staffing…

Statutory compliance checklist for manufacturing companies One can argue that the manufacturing industry is at the heart of all industry. Statutory compliance in the manufacturing companies is crucial to the safety of its workers, the quality of the products and services delivered and to the reputation of the company itself. The Government cares for employee welfare but also wants organisations to succeed. For this, the Government statutory schemes are those schemes…

In India, all business functions, including payroll, are governed by a set of guidelines collectively referred to as statutory compliance. Any business actively engaged in payroll operations is likely familiar with this term. Ensuring payroll compliance involves substantial resources, energy, and time, often requiring thorough audits to avoid legal issues. Businesses frequently worry about the legal challenges associated with non-compliance, such as dealing with hostile employees, managing unreasonable wage demands,…