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Best Statutory Compliance Services in Chennai - Chennai
Tuesday, 17 December, 2024
Item details
City:
Chennai, Tamil Nadu
Item description
Statutory compliance is crucial in HR in India as it ensures that organizations comply with the legal framework and regulations when engaging with their employees. Adhering to these rules and regulations can prevent legal troubles and fines, which can be significant depending on the scale of non-compliance. The need for statutory compliance in HR in India arises due to several reasons:
Legal Requirement: Compliance with various laws and regulations related to employment, such as the Employee State Insurance Act, Provident Fund Act, Payment of Gratuity Act, Minimum Wages Act, and others, is mandatory for organizations operating in India. Non-compliance can lead to legal penalties, fines, and reputational damage.
Protection of Employees’ Rights: Statutory compliance ensures that employees’ rights are protected and that they are provided with benefits such as social security, minimum wages, and other entitlements.
Please feel free to visit website:
httpswww.maatromhrsolution.com/hr-payroll-and-statutory-services/
Legal Requirement: Compliance with various laws and regulations related to employment, such as the Employee State Insurance Act, Provident Fund Act, Payment of Gratuity Act, Minimum Wages Act, and others, is mandatory for organizations operating in India. Non-compliance can lead to legal penalties, fines, and reputational damage.
Protection of Employees’ Rights: Statutory compliance ensures that employees’ rights are protected and that they are provided with benefits such as social security, minimum wages, and other entitlements.
Please feel free to visit website:
httpswww.maatromhrsolution.com/hr-payroll-and-statutory-services/
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