Why Statutory Compliance is required and it�s Importance for businesses in India

Reetikapaysquare16 Nov, 2023Business

Every company has one common thing at its core ? people. Without people, no organization can function. These people are the company?s employees, who work in various roles to fulfill its purposes. For a company to function well, it needs to be organized and streamlined, with proper norms and regulations set in place. These regulations extend to every facet, including the company?s interactions with its employees and its finances. This is known as statutory compliance.