Review and closure of nonconformities
Do you face these challenges?
- Company policies are in line with the Statutes
- Complying with different regulations
- Proper maintenance of files/records
- Identification of gaps or lapses and their regulation
- Manpower under utilization
- Proper implementation of Company Policies
- Has the company complied with various laws
- Maximum utilization of HR Resources
We will do the comprehensive and systematic review of the Company Policies and the effective implementation of the same. A detailed study into the various compliances relating to statutes of Provident Fund, Employee St ate Insurance, Profession Tax, Income Tax and Labour/Factories Act.
- Company policies are in line with the Statutes
- Complying with different regulations
- Proper maintenance of files/records
- Identification of gaps or lapses and their regulation
Company policies are in line with the Statutes
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The Audit team will study the company policies with relevance to the various laws and regulations.
- Employees Provident Fund Act(EPF)
- Employee State Insurance (ESI)
- Profession Tax
- Income Tax
- Karnataka Shops & Commercial Establishment Act
- Factories Act
The laws covered will be -
Complying with different regulations
- The Audit team will study the documents relating to the aspects of monthly remittances and preparation and filing of monthly/quarterly/half yearly and annual returns
Proper maintenance of files/records
- Review of files and records
- Ensure the availability of original remittance challans
- Ensure the availability of acknowledgement copies of returns
- Documents relating to the assessment/scrutiny/notices by the Department
- Display of Abstracts and Notices
Identification of gaps or lapses and their regulation
- Detailed report on the gaps found during the Audit.
- Suggestions to comply with the nonconformities
