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TEAMLEASE REGTECH
4,694 compliance gaps across 52 workplaces, nearly half carrying risk of imprisonment: ReportAudits conducted across numerous states and union territories unveiled significant compliance deficiencies at every examined site, with sev...
Indian workplaces face widespread compliance gaps despite corporate efforts: ReportAn audit of 52 workplaces across 17 states and union territories found 4,694 compliance gaps, averaging about 90 per site, according to Tea...
The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
Next-gen GST reforms: Single registration, easier input tax credit among key MSME demandsThe 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compli...
For MSMEs, compliance is becoming a test of operational readiness, not just paperworkMSMEs often have filings in place, but they struggle with contractor compliance, licence renewals, workplace safety, and inspection readine...
Over 2,000 filings a year: The compliance cost of India's GCC boomIndia leads the world in Global Capability Centres, but these innovation hubs face over 500 legal rules and 2,000 annual filings. This comp...
GCC sector to add 2.8-4 mn jobs by FY30 in India, raise compliance needs for operators: ReportThe report by TeamLease, GCCs in India: Cultivating Capability, Ensuring Compliance', revealed that India hosts over 1,800 GCCs, accounting...
India's GCC count to grow to 2,400 by 2030; impact of H1-B crackdown minimal, says TeamLeaseIndia is gearing up to welcome over 2,400 global capability centres by the year 2030, paving the way for a substantial economic uplift. The...
Regulatory overload: MSMEs face Rs 13 lakh yearly compliance costs, over 1,000 regulations and high jail risk, says reportTeamLease Regtech’s latest report highlights that a single manufacturing unit of an MSME is required to adhere to 998 unique obligations, t...
Sustainability, self-reliance emerge as top takeaways for MSMEs at Pune edition of ET Make in India SME Regional SummitThe summits are a series of on-ground events held across India to bring together local MSMEs, policymakers, enablers and industry stakehold...
Jail term for delay in giving out ID cards: How compliance overkill mars chemical industryIt is time to do away with the complex and wide-ranging regulatory provisions in the chemical industry if the promising segment, which has ...
Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportKey management personnel in Indian automobile companies have a poor understanding of compliance obligations that can range from several hun...
Running a business should be no crime: Govt sits up and takes noteThe government has set up a working group to decriminalise laws to further promote ease of doing business. The group will look at areas whe...
Running a retail company in India has high risk of getting imprisoned: ReportThis division of law-making authority across various levels of government has created three levels of compliance - union, state and municip...
Nearly 91% logistics and supply chain companies paid fines in last 12 months: TeamleaseThe TeamLease Regtech survey says that more than 90% of surveyed companies in the logistics and supply chain business have agreed about pay...
Union Budget 2023: Decriminalisation proposal can make investors gung-ho about doing businessStates should now take a cue from the FM's budget announcements and accelerate initiatives at their respective levels, say industry observe...
Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance mazeUnion Budget 2023: Most NBFCs believe they don’t have the required visibility and control in their organization's compliance program, accor...
Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportMost executives were found to have very poor handle on the status of key compliances, dates, documentation and residual risk of non-complia...
Auto companies find compliance burden heavy: surveyA manufacturing company in the automotive industry must deal with 489 central, state and local-level compliances, the report noted. These f...
Labour code may lead to overtime pay for managers tooProfessionals putting in extra hours at work may have something to cheer for in the new labour codes, as the new law, if implemented in its...