STATUTORY COMPLIANCE
The landscape of statutes of labour laws is constantly evolving, and it takes a special agility to keep abreast of all the latest developments and ensure compliance. At Alp, we offer compliance services that perfectly meet your organisation’s requirements.
The landscape of statutes of labour laws is constantly evolving, and it takes a special agility to keep abreast of all the latest developments and ensure compliance. At Alp, we offer compliance services that perfectly meet your organisation’s requirements.
It is absolutely imperative to comply with all legal and statutory norms for businesses to operate successfully in India. This often involves significant investment of resources, time, and continuous monitoring to be in the know of all the changes that are happening, in order to be compliant and avoid penalties.
With the ever-changing employment laws, it becomes a challenge for small and mid-sized companies to keep themselves compliant. What these organisations need is reliable HR compliance services from an experienced provider.
To ensure timely and efficient statutory compliance in your organisation, the following aspects must be in place:
- Unrestricted access to local and regional expertise
- Expert support during all audits and inspections
- Following ethical practices
- Knowledge of timelines for adherence to the many laws and regulations
- Updated documents and data in a centralised location, and which are readily available
BENEFITS OF OUTSOURCING COMPLIANCE
Our clients benefit from outsourcing statutory compliance management in many different ways.
- Sound corporate governance
- An increase in focus on strategic business areas
- A reduction in the labour overheads
- Timely compliance and adherence to all the different statutes and labour laws
- Avoidance of all litigation and associated costs that may arise out of non-compliance
- Complete and accurate maintenance all records that are relevant to compliance
OUR SCOPE OF WORK
We offer our services across India, covering all the following under the labour laws that are applicable to your factory of establishment:
- Audit of Labour Law compliance
- Licence application/amendment/renewal
- Maintenance of statutory registers, records, notices and returns
- Liaison with Factories, Labour, ESI and PF authorities
- Remittance of statutory payments
- Continuous monitoring of contractor compliances
- Nominations under different legislations
- Exemptions under labour legislations
- Benefits under labour legislations
- Accident coordination activities
When a client engages us, we conduct a one-time audit before the assignment to assess the current status of statutory compliance according to the various Central and State Acts. Then we prepare a detailed audit report which we submit to the client. This audit will reveal all the strong and weak areas in terms of compliance, and lay out a clear plan on how to move forward. Based on the audit findings and consultation with the client, we then proceed other activities to make sure that the business is hundred percent compliant to all statutes and labour laws.
No matter what the size of your organisation is – small, medium, or large – you no doubt face the growing challenge of complying with the rapidly evolving and highly complex compliance requirements.
To know how we can help your organization with our range of Statuary and Compliance Outsourcing Solutions, schedule an appointment with us right away.