Indian workplaces face widespread compliance gaps despite corporate efforts: Report
New Delhi, Oct. 27 -- Indian workplaces continue to face significant regulatory compliance risks, with an audit of 52 sites operated by leading enterprises across 17 states and union territories identifying 4,694 instances of non-compliance, according to a report by TeamLease RegTech.
The report covered factories, warehouses, corporate offices and mines. Every site included in the audit had compliance gaps, averaging around 90 per workplace.
The findings point to potential legal and financial exposure for businesses, including risks that could extend to company directors and senior officers.
The report highlighted that around 70 per cent of the identified gaps were punishable offences, while 46 per cent carried the possibility of impri...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.