Hi Senior’s, Can anyone please explain in brief what is HR statutory and Compliance in corporates ? Thanks & Regards, Prakash
From India, Madras
Acknowledge(0)
Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
Compliance Requirements for the IT Industry
You are working in the IT industry, which falls under the Service Industry and is governed by the Shop and Establishment Act. The compliance requirements that you need to maintain are as follows:
1. Shop and Establishment Act
2. The Employees' Provident Fund & Miscellaneous Provisions Act, 1952
3. Employees' State Insurance Act, 1948
4. Employment Exchange (Compulsory Notification of Vacancies) Act, 1959
5. Payment of Bonus Act, 1965
6. Payment of Gratuity Act, 1972
7. Payment of Wages Act, 1936
8. Maternity Benefit Act, 1961
9. Minimum Wages Act, 1948
10. Contract Labour (Regulation and Abolition) Act (if applicable)
Thanks and regards,
Dinesh
From India, Calcutta
Acknowledge(0)Amend(0)
11You are working in the IT industry, which falls under the Service Industry and is governed by the Shop and Establishment Act. The compliance requirements that you need to maintain are as follows:
1. Shop and Establishment Act
2. The Employees' Provident Fund & Miscellaneous Provisions Act, 1952
3. Employees' State Insurance Act, 1948
4. Employment Exchange (Compulsory Notification of Vacancies) Act, 1959
5. Payment of Bonus Act, 1965
6. Payment of Gratuity Act, 1972
7. Payment of Wages Act, 1936
8. Maternity Benefit Act, 1961
9. Minimum Wages Act, 1948
10. Contract Labour (Regulation and Abolition) Act (if applicable)
Thanks and regards,
Dinesh
From India, Calcutta
Acknowledge(0)Amend(0)
Friends, I wish to know the statutory & complaince for a retail industry..in specific jewelery industry..can any one please help me out???
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
For the retail industry, you need to follow the below-mentioned compliance:
Shop and Establishment Act
1) The Employees' Provident Fund & Miscellaneous Provisions Act, 1952
2) Employees' State Insurance Act, 1948
3) Employment Exchange (Compulsory Notification of Vacancies) Act, 1959
4) Payment of Bonus Act, 1965
5) Payment of Gratuity Act, 1972
6) Payment of Wages Act, 1936
7) Maternity Benefit Act, 1961
8) Minimum Wages Act, 1948
9) Contract Labour (Regulation and Abolition) Act
The details of each have been attached for your reference.
Thanks and regards,
Dinesh
Apart from that, you have:
From India, Calcutta
Acknowledge(0)Amend(0)
Shop and Establishment Act
1) The Employees' Provident Fund & Miscellaneous Provisions Act, 1952
2) Employees' State Insurance Act, 1948
3) Employment Exchange (Compulsory Notification of Vacancies) Act, 1959
4) Payment of Bonus Act, 1965
5) Payment of Gratuity Act, 1972
6) Payment of Wages Act, 1936
7) Maternity Benefit Act, 1961
8) Minimum Wages Act, 1948
9) Contract Labour (Regulation and Abolition) Act
The details of each have been attached for your reference.
Thanks and regards,
Dinesh
Apart from that, you have:
From India, Calcutta
Acknowledge(0)Amend(0)
Dear Sir, Can anyone advice me regarding the statutory compliance of a manufacturing industries. Waiting for your response. Thanks Mr. Pramod Kumar jena
From India, Medinipur
Acknowledge(1)
Amend(0)
From India, Medinipur
Acknowledge(1)Amend(0)
Understanding Legal Compliance
Legal means "of or relating to the law," or what we normally call laws or regulations. Compliance just means to meet or comply. Thus, legal compliance means that you are following the laws on a particular topic. The term is used more often with organizations that must follow a set of rules.
When you forget or refuse to follow some of these rules, you are out of compliance. A company that follows all the rules is in compliance with the law.
From Pakistan, Karachi
Acknowledge(0)Amend(0)
Legal means "of or relating to the law," or what we normally call laws or regulations. Compliance just means to meet or comply. Thus, legal compliance means that you are following the laws on a particular topic. The term is used more often with organizations that must follow a set of rules.
When you forget or refuse to follow some of these rules, you are out of compliance. A company that follows all the rules is in compliance with the law.
From Pakistan, Karachi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Statutory Compliance of a Industrial or Commercial Unit.xls
Statutory-compl iance.pdf
Statutory Compliance.zip