Compliance Services – Ensuring a Tension-Free Business with My Jama Kharch

Compliance is often seen as a regulatory burden, but in reality, it is the foundation of a successful and risk-free business. While it may not directly generate revenue, adherence to compliance regulations safeguards your business from legal troubles, financial penalties, and operational disruptions. At My Jama Kharch, we ensure your business remains legally sound, compliant, and free from unnecessary complications, so you can focus on growth and success.

With our highly experienced team, we stay up to date with evolving laws and regulations, ensuring that your business meets all legal requirements effortlessly. We provide expert guidance and comprehensive solutions, helping you navigate the complexities of compliance with ease.

What is Compliance?

Compliance means adhering to a set of laws, regulations, policies, and standards that govern business operations. It ensures smooth functioning, maintains ethical standards, and avoids legal troubles. As businesses grow, compliance becomes even more critical to ensure transparency, accountability, and risk mitigation.

Importance of Compliance

Timely compliance with all relevant laws and regulations benefits businesses in multiple ways:

• Establishes clear operational standards and ethical guidelines.
• Prevents legal issues, fines, and penalties due to negligence.
• Enhances trust and credibility in the industry.
• Provides employees with a safe and professional work environment.

Different Types of Compliance

As businesses expand, they must adhere to various compliance standards related to health, security, finance, environmental concerns, and more. Broadly, compliance is categorized into External Compliance and Internal Compliance.

External Compliance

External compliance refers to rules and regulations set by the government and regulatory bodies to ensure legal business operations. These include:

1. Statutory Compliance

These are mandatory laws enacted by the state or central government. Some of the key statutory regulations in India include:

• Shops and Establishment Act
• Employees Provident Fund Act (EPF)
• Employees State Insurance Corporation Act (ESIC)
• Professional Tax Act
• Labour Welfare Fund Act
• Contract Labour (Regulation & Abolition) Act
• Minimum Wages Act
• Payment of Wages Act
• Payment of Bonus Act
• Maternity Benefit Act
• Payment of Gratuity Act
• Equal Remuneration Act
• Factories Act
• Trade Unions Act
• Prevention of Sexual Harassment (PoSH) Act

My Jama Kharch ensures your business adheres to all statutory requirements, protecting you from non-compliance risks.

2. Regulatory Compliance

Regulatory compliance involves following rules set by specific regulatory bodies for different industries. These include:

• Accounting & Payroll Compliance: Statutory audit, tax audit, direct and indirect tax compliance.
• Secretarial Compliance: Annual ROC filings, board meetings, and company law adherence.
• Labour Law Compliance: Ensuring compliance with employee welfare laws.
• Corporate Law Compliance: Tax returns, TDS filings, GST filings, and financial audits.

Internal Compliance

Internal compliance refers to policies and procedures that businesses implement to maintain operational efficiency, workplace ethics, and employee conduct. This includes:

• Employee monitoring policies and acceptable workplace behavior.
• Guidelines for donations, conflicts of interest, and asset protection.
• Internal audits, risk assessments, and financial compliance measures.

A company that adheres to internal compliance naturally aligns with external regulations, ensuring seamless operations.

Our Compliance Services

1. Establishment Compliance

My Jama Kharch helps businesses comply with Shops and Establishment Act regulations, ensuring proper licensing, work conditions, and salary structures.

2. Factory Compliance

We assist factories in obtaining necessary statutory approvals and ensuring safe working environments per Factories Act regulations.

3. Labour Compliance

We help businesses stay compliant with labour laws, ensuring fair treatment of employees, timely payroll processing, and adherence to wage regulations.

4. Environment, Health & Safety (EHS) Compliance

Our EHS compliance services ensure a safe workplace, covering pollution control, worker safety, and environmental protection.

5. Statutory & Regulatory Compliance

My Jama Kharch ensures businesses meet all legal obligations, minimizing risks and penalties associated with statutory and regulatory non-compliance.

6. ROC Compliance (Registrar of Companies Compliance)

We assist businesses with annual filings, corporate governance, and secretarial compliance, ensuring smooth regulatory adherence.

7. Legal Updates & Newsletters

Our weekly legal updates keep businesses informed of new laws, amendments, and regulatory changes relevant to their industry.

8. Industrial Training & Compliance Awareness

We offer customized training programs to educate employees on compliance matters, covering topics such as:

• Equal Employment Opportunity
• Workplace Ethics & Conduct
• Prevention of Sexual Harassment (PoSH)
• Privacy & Data Protection
• Leadership & Conflict Resolution Training

Why Choose My Jama Kharch?

At My Jama Kharch, we believe that compliance should not be a burden—it should be a seamless part of your business strategy. Our expert team handles all legal and regulatory complexities, allowing you to focus on business growth without worrying about compliance risks.

With My Jama Kharch, you get:
✅ Hassle-Free Compliance Management
✅ Expert Legal Guidance & Advisory
✅ Timely Updates on Law Amendments
✅ End-to-End Documentation & Liaison Support
✅ Risk-Free Business Operations

Let My Jama Kharch take care of your compliance needs, so you can build a business that thrives—tension-free and fully compliant!