According to the income tax act company need to keep last 8 years of data in there record as a compliance.beside if any legal proceeding is going in the court of the law then organisation will have to keep all the required data of years. further wages act says for last 3 years to be kept.Under Minimum Wages Act,1948 an inspector can demand registers & records for a period of last three years
seniors kindly correct if i am wrong.
22nd August 2017 From India, Nagpur
22nd August 2017 From India, Salem