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Compliance Mantra - Best way to manage compliances Specifications
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Compliance Mantra - Best way to manage compliances v1.11) Each organization has to comply with various statutory as well as internal compliances while performing their business related activities.
1) Each organization has to comply with various statutory as well as internal compliances while performing their business related activities.
a) These are generally in the field of Taxation like income tax, Excise etc., Labor related like P.F., ESI, Factories Act etc., Legal matters, Company Law matters, and so on.
b) Each area of operation has multiple Acts and Regulations to comply to like filing of returns, payments etc..
c) These Acts and Regulations specify multiple tasks to be performed by the department and organization.
d) If you total up all these compliance requirements under various acts, regulations, and policies for these fields that the company has to adhere, there shall be roughly 500+ compliances for each company.
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