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Seminar report: Labour law and Regulatory Tax Compliance

03/08/2022

28th July 2022
Chennai 

A very informative seminar was organized by the Indo-German Chamber of Commerce (IGCC) along with its knowledge partner Roedl & Partner Consulting Pvt. Ltd on the topic “Labour law and Regulatory Tax Compliance” on 28th July 2022.

With the objective of simplifying the Labour laws, the Central Government of India proposes to subsume 29 labour legislations into 4 labour codes. As labour law is a  matter of concurrent list, both Union and State governments shall have to frame the rules. The Central Government has already published its rules and several States have also published the draft rules for public comments. Therefore, businesses are expected to start aligning their HR policies with the New Labour Codes.

Day by day markets are growing closer together and new business areas and forms of cross border cooperation are being created. This involves a host of new legislation and regulations in tax law. The area is ever more complex and specialisation more necessary than ever before.

Roedl & Partner team gave us an insight of the significant changes under the labour law regime and provided us with inputs on implementation of the amendments under the tax ambit. The close knit inter­action with our experts was one step in the direction of  success for our members. 

With a participation from 33 - member companies and over 46 participants, the event was a huge success. With brief insights about the significant changes under the labour law regime and its implementation of the amendments under the tax ambit were provided by Roedl & Partner team.