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Corporate services under Indian labour laws encompass a broad range of compliance and employee welfare functions designed to align businesses with regulatory standards. These services include statutory compliance with laws like the Employees' Provident Fund (EPF), Employee State Insurance (ESI), and state-specific Shops and Establishments Acts, ensuring employee benefits and workplace protections are in place.
Payroll compliance services ensure accurate payroll processing, statutory deductions, and timely contributions to social security schemes. Companies also need to maintain detailed statutory registers and conduct labour law audits to confirm adherence to wage and hour regulations, safety standards, and employee welfare requirements. Corporate services further include drafting employment contracts, managing full-and-final settlements, facilitating health and safety programs, and providing legal advisory for resolving disputes and interpreting evolving labour laws.
With the introduction of the new labour codes, businesses are focusing on adapting HR policies, handling inspections, and managing new compliance requirements efficiently, ensuring smooth operations while safeguarding employee rights and benefits.