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Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
Filing ITR just got easier: This new AI chatbot helps with income tax queries, forms and rules; check detailsThe Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to simplify tax filing. This tool offers 24/7 assis...
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...
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...
Govt moves to streamline insurance sector compliance ahead of 100% FDIThe government plans to streamline compliance in the insurance sector by identifying redundant regulations, aiming for improved ease of bus...
Budget 2025: MSME definition revision a ‘good decision,’ says India Inc; seeks more ‘aha moments’ for ease of doing businessExperts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for furthe...
26% ITRs yet to be processed after 22 days of the deadline, will your ITR come under scrutiny?ITR filing: As per data from the ITR portal 73.71% of all the verified ITRs have been processed already. This means about 26% ITRs are yet ...
Budget 2024: ITR portal should be made more user-friendly including tax notice intimation; voices industry expertsBudget 2024: Experts opine that the income tax return (ITR) portal be made more user-friendly and a system be in place to check all the not...
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...
Employer compliance needs thorough reexamination, says reportThe report released by Teamlease Regtech, a regulatory technology (Regtech) solutions company, examines the sectoral concerns and gives an ...
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...
Staffing firm TeamLease launches website to track rules on compliancesTeamlease site would update the data 15 times a day to offer real-time information on updated version on compliances.