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
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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
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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
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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
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Hi, I am Sathvika, Mr. Zakir. Your information is very useful; it's just great, one glance of all information. But I have some doubts. By the way, I am a Senior Executive HR in a private limited pharma company. So, I want to know the PF wage limit, both upper and lower limits. Also, can you please tell me the statutory compliances applicable for pharma companies?
From India, Hyderabad
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From India, Hyderabad
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Hi SHALINI, Please find attached document here with for your reference. Thanks & Regards, S. Narendra Nath
From India, Hyderabad
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From India, Hyderabad
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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
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From India, Bhubaneswar
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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 a must. If not registered by your organization, you need to complete all basic licenses and keep track of the concerned reports like monthly payments/returns, 1/2 Year Returns, and Annual Returns, etc. Otherwise, there will be a problem with Government Departments tomorrow.
All the best.
Regards,
Murthy
From India, Hyderabad
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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 a must. If not registered by your organization, you need to complete all basic licenses and keep track of the concerned reports like monthly payments/returns, 1/2 Year Returns, and Annual Returns, etc. Otherwise, there will be a problem with Government Departments tomorrow.
All the best.
Regards,
Murthy
From India, Hyderabad
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