Let’s Talk Compliance – Is it the intention of CoW to make Principal Employers liable for bonus to contract workers ?

Every employee who has worked in the establishment for not less than 30 days in an accounting year shall be paid bonus by his / her employer as per Sec 8 of, The Payment of Bonus Act.  The term ‘employee’ as defined in Sec 2(13) does not include contract workers.  Hence the position is clear […]

Is there any cloud-based compliance tool available?

  Yes, of course, it is available. Nowadays cloud computing is an on-demand technology and many companies come forward to offer cloud-based compliance solution. Among them, I would recommend looking at Compfie, futuristic cloud-based compliance tool that enables companies to track, govern and do all the regulatory requirements on the cloud thereby preventing future risks.

What is Compliance ? Explained in simple terms

  Simply put Compliance means abiding by rules, set guidelines or norms. Though one can relate compliance to even individual citizens, who must act in accordance to set laws for the greater benefit of the society. The term Compliance mostly and more importantly pertains to business establishments, industries, business services or products.

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