Is Statutory compliance different for different type of organization

Ask the Community Statutory Compliance
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  1. Is Statutory compliance different for different type of organizations?
  2. How to check if employers compliance is accurate and upto date?
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All the Labour Act which are applicable to you depends upon the type of organisation you are. If yours is a Factory, and falling under the eligibility criteria of Factory as defined in the Factories Act, then you need to comply to the Factories Act. If it is registered under S&E Act, then applicable compliances need to be done.

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To know more about the Statutory Compliance, Here’s a course on Udemy developed by greytHR academy, Statutory Compliance for Payroll in India - An Introduction.

Happy Learning!

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Yes, statutory compliance varies depending on the type of organization. Different types of organizations, such as private companies, public companies, non-profits, or government bodies, must adhere to different legal requirements, taxes, reporting, and regulatory standards based on their structure, industry, and location. For example, private companies might focus on company law, labor law, and tax compliance, while non-profits have specific compliance related to their charitable status. Each type is subject to industry-specific regulations, as well.

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