Dear All
Please throw light on statutory compliances.I have joined a manufacturing concern(OEM) recently as Assistant Manager - Corporate HR.
In this company there is no systemized process & procedures.
Please also suggest what could be the afffect on companies who do not follow such compliances.
Please give me idea about essential statutory compliances to be implemented here as I have no idea about statutory compliances.
Regards
Shalini
From India, Pune
34Please throw light on statutory compliances.I have joined a manufacturing concern(OEM) recently as Assistant Manager - Corporate HR.
In this company there is no systemized process & procedures.
Please also suggest what could be the afffect on companies who do not follow such compliances.
Please give me idea about essential statutory compliances to be implemented here as I have no idea about statutory compliances.
Regards
Shalini
From India, Pune
Dear Shalini,
Good Morning
Attached find herewith the list of Statutory Compliances to be carried out.
Affect of non compliance never dream about it. It is very wrong and illegal, if you are authorised person you can end up in great trouble.
Also start educating your self on Statutory Compliance as is very very very essential if you want to continue in this field.
May I ask what company you are? And your experience in this field?
Do reply at
Feel free for any guidance.
Regards
Zakir
From India, Pune
Good Morning
Attached find herewith the list of Statutory Compliances to be carried out.
Affect of non compliance never dream about it. It is very wrong and illegal, if you are authorised person you can end up in great trouble.
Also start educating your self on Statutory Compliance as is very very very essential if you want to continue in this field.
May I ask what company you are? And your experience in this field?
Do reply at
Feel free for any guidance.
Regards
Zakir
From India, Pune
HAi
Iam sathvika , Mr.Zakir your information is very useful its just great one glance of all information but ihave some doubts,by the way iam Senior executive hr in a pvt ltd pharma company,
so i want to know the PF wage limit both upper and lower limit and also can you please tell me the statutory compliances applicable for PHARMA COMPANIES
From India, Hyderabad
Iam sathvika , Mr.Zakir your information is very useful its just great one glance of all information but ihave some doubts,by the way iam Senior executive hr in a pvt ltd pharma company,
so i want to know the PF wage limit both upper and lower limit and also can you please tell me the statutory compliances applicable for PHARMA COMPANIES
From India, Hyderabad
Hi SHALINI, Please find attached document here with for your reference. Thanks & Regards, S. Narendra Nath
From India, Hyderabad
From India, Hyderabad
Hello, Mr Narendra nath ....Thanx a lot for your attached file on statutory compliances , I am sure it will help me.Keep contributing to us Good Work ,Keep it up. Anuj.Bhubaneswar
From India, Bhubaneswar
From India, Bhubaneswar
Dear Shalini
You need to complete all compliances like
PF / ESI / Professional Tax / Property Tax / Income Tax / Electricity / Factory License or Shops & Establishment License / Labour License etc. all Statutaries are must.
If not resigered by your organisation, you need to complete all basic licenses and keep a track of the concerned reports like monthly payments / returns , 1/2 Year Rerturns and Annual Returns etc.
Otherwise it will be problem with Govt. Departments tomorrow
All the best
Regards
Murthy
From India, Hyderabad
You need to complete all compliances like
PF / ESI / Professional Tax / Property Tax / Income Tax / Electricity / Factory License or Shops & Establishment License / Labour License etc. all Statutaries are must.
If not resigered by your organisation, you need to complete all basic licenses and keep a track of the concerned reports like monthly payments / returns , 1/2 Year Rerturns and Annual Returns etc.
Otherwise it will be problem with Govt. Departments tomorrow
All the best
Regards
Murthy
From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
STATUTORY COMPLIANCES CHECKLIST ON VARIOUS LABOUR LAWS.xls