India has seen a huge development of business and economic growth in the recent times. Labour Law compliance in India is basically set of terms or conditions of employment. For carrying out business, corporations are required to meet statutory compliance requirements. There are many laws and acts that a firm is required to follow. If the corporation fails to comply with the regulations then it may lead towards punitive action from the concerned authorities. There are central laws, as well as there are state laws with which a business is required to comply with.
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