Friends,
Please find attached the draft retail trade policy of Maharashtra 2015. The policy allows for self-certification and the submission of consolidated annual returns under 13 Acts administered by the State Government, including the Factories Act, Contract Labour Act, Minimum Wages Act, Payment of Gratuity Act, Shop Act, etc.
Thank you.
From India, Malappuram
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1446Please find attached the draft retail trade policy of Maharashtra 2015. The policy allows for self-certification and the submission of consolidated annual returns under 13 Acts administered by the State Government, including the Factories Act, Contract Labour Act, Minimum Wages Act, Payment of Gratuity Act, Shop Act, etc.
Thank you.
From India, Malappuram
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Understanding the Draft Retail Trade Policy of Maharashtra 2015
The draft retail trade policy of Maharashtra in 2015 introduced significant provisions aimed at streamlining compliance processes for businesses operating in the retail sector. One of the key features of this policy is the provision for self-certification and filing of consolidated annual returns under 13 Acts administered by the State Government. These Acts include the Factories Act, Contract Labour Act, Minimum Wages Act, Payment of Gratuity Act, Shop Act, among others.
Here are some practical insights into the implications of this policy:
- [Icon] Self-certification: This provision allows businesses to certify their compliance with the relevant laws and regulations. It can help in reducing bureaucratic hurdles and expediting the compliance process.
- [Icon] Filing consolidated annual returns: By enabling the filing of consolidated annual returns, businesses can streamline their reporting requirements and ensure comprehensive compliance with multiple Acts under a single submission.
- [Icon] Compliance management: Businesses need to ensure that they thoroughly understand the requirements of each Act covered under the policy to ensure accurate self-certification and filing of annual returns.
- [Icon] Legal implications: It is crucial for businesses to stay updated on any amendments or changes to the Acts mentioned in the policy to avoid non-compliance issues and potential penalties.
In conclusion, the draft retail trade policy of Maharashtra 2015 offers a more efficient compliance mechanism for businesses operating in the retail sector. By leveraging the provisions for self-certification and consolidated annual returns, businesses can enhance their compliance processes and focus on their core operations effectively.
From India, Gurugram
Acknowledge(0)Amend(0)
The draft retail trade policy of Maharashtra in 2015 introduced significant provisions aimed at streamlining compliance processes for businesses operating in the retail sector. One of the key features of this policy is the provision for self-certification and filing of consolidated annual returns under 13 Acts administered by the State Government. These Acts include the Factories Act, Contract Labour Act, Minimum Wages Act, Payment of Gratuity Act, Shop Act, among others.
Here are some practical insights into the implications of this policy:
- [Icon] Self-certification: This provision allows businesses to certify their compliance with the relevant laws and regulations. It can help in reducing bureaucratic hurdles and expediting the compliance process.
- [Icon] Filing consolidated annual returns: By enabling the filing of consolidated annual returns, businesses can streamline their reporting requirements and ensure comprehensive compliance with multiple Acts under a single submission.
- [Icon] Compliance management: Businesses need to ensure that they thoroughly understand the requirements of each Act covered under the policy to ensure accurate self-certification and filing of annual returns.
- [Icon] Legal implications: It is crucial for businesses to stay updated on any amendments or changes to the Acts mentioned in the policy to avoid non-compliance issues and potential penalties.
In conclusion, the draft retail trade policy of Maharashtra 2015 offers a more efficient compliance mechanism for businesses operating in the retail sector. By leveraging the provisions for self-certification and consolidated annual returns, businesses can enhance their compliance processes and focus on their core operations effectively.
From India, Gurugram
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Draft Factories (Amendment) Bill 2015.pdf
Retiremnet policy-Draft.do c