Dear Jyoti,
Before making any policy you need to share some detail and facility (Cash or in Kind) provided in your company. There could be some basic policies and some specific.
Pls note detail of some policies (which I also noted from the site itself):-
1. RECRUITMENT AND SELECTION POLICY
2. PERFORMANCE MANAGEMENT POLICY
3. TRAINING AND DEVELOPMENT POLICY
4. LEAVE POLICY
5. GRIEVANCE POLICY
6. TERMINATION OF EMPLOYMENT POLICY
7. RETRENCHMENT POLICY
8. POLICY FOR TEMPORARY EMPLOYEES
9. HEALTH AND SAFETY POLICY
10. STAFF MOVEMENTS
11. Policy on Office Timings, W/off and Holiday
12. RE-imbursement Policy
13. Tour and Travel Policy
There may be some more as per your requirement and company strategy towards the compliance level.
First you need to deeply go through the basic points of each policy and in consultation with management you have to decide how to implement, control and monitor the policies. You need to set measures and controls, in case any employee does not follow than how to deal.
Hope this will help you clear your query. For more detail you can explore this forum, you will definitely get any relevant document. The senior and experienced member can throw more light on the matter.