i am a fresher, going to join a company in september 1st. want to know about what is statutory obligations & compliance. seniors plz help.
From India, Bangalore
From India, Bangalore
Dear Patron
With reference to your query, i would like to intimate you that statutory obligations are the formulates which are required to be done by an origination under various labour laws. the way in which all these obligations are done are called compliance. There are lot of compliance required to be done by an origination under labour laws. So many enactments are here applicable under the head of labour laws. so obligations are the statutory rules which are required to be fulfill by an employer and an employee.
thanks
Regards
R B Yadav
Advocate
From India, Mumbai
114With reference to your query, i would like to intimate you that statutory obligations are the formulates which are required to be done by an origination under various labour laws. the way in which all these obligations are done are called compliance. There are lot of compliance required to be done by an origination under labour laws. So many enactments are here applicable under the head of labour laws. so obligations are the statutory rules which are required to be fulfill by an employer and an employee.
thanks
Regards
R B Yadav
Advocate
From India, Mumbai
Hello,
Statutory obligation is the law for a certain industry, a region or territory; for an instance we may take the example of banking industry in a country, those banks operating under statutory obligation or laws of the central bank of that country. Meanwhile there can be specific law or regulation for a particular territory or province and if a company operates in that particular territory must compliance with those rules & regulations.
Best Regards,
Sameer
From Afghanistan, Kabul
Statutory obligation is the law for a certain industry, a region or territory; for an instance we may take the example of banking industry in a country, those banks operating under statutory obligation or laws of the central bank of that country. Meanwhile there can be specific law or regulation for a particular territory or province and if a company operates in that particular territory must compliance with those rules & regulations.
Best Regards,
Sameer
From Afghanistan, Kabul
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Statutory Compliance of a Industrial or Commercial Unit.xls
Statutory-compl iance.pdf
Statutory Compliance.zip