Statutory Compliances

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Statutory Compliances

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 ARA Associates, we offer compliance services that perfectly meet your organization’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 organizations need is reliable HR Management Services from an experienced provider. To ensure timely and efficient statutory compliance in your organization, 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 centralized location, and which are readily available

As you can imagine, this takes a lot of effort and investment in terms of both money and manpower. Not every organization can afford to or even want to spend so many resources in ensuring compliance. Nonetheless, it is absolutely vital for a business to be compliant to all the laws of the land. Statutory compliance outsourcing to an experienced firm such as ARA Associates, you can ensure compliance without having to hire and maintain a separate department for it. Our clients find that our statutory compliance services are an ideal solution to be compliant in all aspects of statutes and Labour Laws.

We serve businesses of all sizes – small, medium, and large multinational corporates, and in multiple domains. ARA Associates helps organizations address important HR & process outsourcing requirements by aligning the human resources and business strategies. We manage critical HR and other processes, thus bringing significant operational excellence and seamless integrated delivery. Our process outsourcing services will include activities throughout the entire duration of the employee life-cycle, right from on boarding to retirement or outplacement.

We provide end-to-end statutory compliance solutions, including, but not limited to:

  • Internal records audit as labour law compliances
  • License application/amendment/renewal
  • Maintenance of statutory registers, records, notices and returns
  • Liaison for various acts with concerned departments (ex. Factories, Labour, ESI and PF, etc.)
  • Remittance of statutory payments
  • Continuous monitoring of contractor’s/vendor compliance
  • Nominations under different legislations
  • Exemptions under Labour legislations
  • Benefits under Labour legislations
  • Accident coordination activities
  • Labor Law Compliance
  • Payroll Compliance
  • Employee Benefits Compliance
  • Industrial Law Compliance
  • Regulatory Filings & Audits
  • POSH (Prevention of Sexual Harassment) Compliance
  • Training & Development
  • Liaising with Departments/ HR Audit & Inspections
  • Company Registrations in Various Acts

We partner with client organizations to fully assist them in the transformation of their HR model to bring about maximum value to the business.

Comprehensive Coverage of Labour Laws: –

  • Shops and Commercial Establishments Act (S&E)
  • The Employees Provident Funds and Miscellaneous Provision Act – 1952 (EPF)
  • The Employees State Insurance Corporation Act – 1948 (ESIC)
  • The Professional Tax Act (PT)
  • The Labour Welfare Fund Act (LWF)
  • The Contract Labour (Regulation & Abolition) Act – 1970 (CLRA)
  • The Minimum Wages Act-1948
  • The Payment of Wages Act-1936
  • The Payment of Bonus Act-1965
  • The Maternity Benefit Act-1961
  • The Payment of Gratuity Act-1972
  • The Equal Remuneration Act-1976
  • The Industrial Establishment (N&FH) ACT
  • The Employment Exchange (Compulsory Notification of Vacancies) ACT-1959
  • Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) ACT, 2013
  • Employees Compensation ACT-1923
  • The Industrial Employment (Standing Orders) ACT 1946 – Model Standing Order Only
  • The Industrial Disputes ACT 1947
  • The Apprentice ACT, 1961
  • The Interstate Migrant Workmen (Regulation of Employment and Conditions of Services) ACT, 1979
  • Factories ACT, 1948
  • BOCW (Building & Other Construction Works) ACT, 1996
  • NGT (National Green Tribunal) ACT, 2010

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 organization is – small, medium, or large – you no doubt face the growing challenge of complying with the rapidly evolving and highly complex compliance requirements.

Being compliant to the numerous statutes and Labour Laws can be a gargantuan task in itself, but adding to the complexity is the necessity to generate e-challans as per the required standards. Doing this manually could be a nightmare.

Our software will considerably ease the load by

  • Automating the format to comply with e-challan generation standards
  • Generating customized statutory reports as required
  • Generating Labour law forms as required

We take care of all the aspects of the different HR and payroll activities of your organization through our software. The following are just a few of the functionalities that we offer:

  • Adding statutory details
  • Bulk import of employee details
  • Payroll processing
  • Salary statement generation
  • Exporting bank statements
  • Bank advice
  • Payroll and statutory reports generation
  • PF statement generation
  • PF challan preparation
  • ESS -employees can access, view, or request personal or company related information 24/7
  • Employee login facility
  • Employee query management
  • Statutory outsourcing
  • Payroll cycle management

To know how we can help your organization with our range of complete HR Services, schedule an appointment with us right away.