Monthly Compliance Roundup September 2024

Did you know that just last month (September 2024), there were a total of 714 regulatory updates across union and state legislations? 67% of these updates occurred at the union level, while the rest 33% were accounted for at the state level. Across the compliance categories, industry-specific regulations underwent a significant chunk of updates (~38%), followed by secretarial (~21%), finance and taxation (~19%), labour (~11%), commercial (~8%), and environment, safety and health (~3%).

Ignorance of the law excuses no one. Given the fluid nature of India’s regulatory landscape, employers must make all efforts to stay updated on the latest compliance changes. This is why we bring to you the Monthly Compliance Roundup from our knowledge partner ‘TeamLease RegTech’, a brief summary of the major regulatory updates in a month. It groups together the most significant updates and provides a short explainer of each update to provide better insight into its potential implications. The Monthly Compliance Roundup is intended to provide a unique bird’s eye view of the latest and notable changes in India’s compliance universe. This document can be a great value addition for those actively involved in compliance management and anyone looking to better understand the country’s evolving regulatory ecosystem.

Download the Monthly Compliance Roundup September 2024