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Legal, Finance and Audit compliance
Organisations have to clarify some compliances of the Indian Government to perfectly tied-up with them or to increase their organisational goals.
Legal Compliance:– When compensating employees an organization must adhere to the existing legislation in the areas of Labour Standards, pay equity, Human Rights, Employment Insurance, pension or retirement benefits, labour relations and Occupational Health and Safety.
Finance Compliance:- The compliance department within a brokerage firm, bank or financial institution is designed to ensure compliance with all applicable laws, rules and regulations.
Audit Compliance:- A compliance audit is a comprehensive review of an organization’s adherence to regulatory guidelines. Independent accounting, security or IT consultants evaluate the strength and thoroughness of compliance preparations.