Statutory Compliance: The Foundation of Ethical & Sustainable Growth
Statutory compliance refers to the legal framework within which an organization must operate regarding its treatment of employees and its relationship with the state. At Diwakar and Associates, we remove the "compliance burden" from your shoulders, allowing you to focus on innovation while we handle the fine print.
Why Compliance is Non-Negotiable in 2026
- With the full implementation of the New Labor Codes and real-time data sharing between government departments, the risks of "skipping" compliance have never been higher:
- Financial Protection: Avoid compounding interest and penalties that can reach up to 100% of the original due amount.
- Operational Continuity: Ensure your licenses (Trade, Labor, Pollution) remain active so your doors stay open.
- Investor & Bank Readiness: Clean compliance records are the first thing checked during a due diligence process for funding or loans.
Our Comprehensive Compliance Checklist
We structure our support across the core pillars of Indian statutory requirements. As of 2026, our checklist aligns with the Four New Labour Codes and state-specific regulations.
The Wage Code Pillar
- The 50% Rule: Ensuring wages (Basic + DA) are at least 50% of total CTC.
- Overtime Management: Overtime at double the wage rate within legal hour limits.
- 48-Hour Settlement: Implementation of workflows to ensure all dues are paid within two working days of an employee's resignation or termination.
The Social Security Pillar
- Expanded Coverage: Onboarding gig workers, platform workers, and fixed-term employees into the social security net as per 2026 mandates.
- Gratuity Management: Calculating pro-rata gratuity for Fixed-Term Employees (eligible after just 1 year of service under the new codes).
- EPF & ESI: Accurate monthly calculation, electronic challan-cum-return (ECR) filing, and management of the unified UAN portal.
Occupational Safety & Health (OSH)
- Annual Health Check-ups: Annual medical tests for employees 45+.
- Safety Committees: Establishing and recording minutes for Safety Committees in applicable establishments (100+ workers in manufacturing/hazardous or 500+ in general).
- Leave Encashment: Managing the new carry-forward rules (up to 30 days) and ensuring correct encashment protocols upon year-end or exit.
Industrial Relations & State Compliance
- Standing Orders:Drafting and certifying "Model Standing Orders" For establishments with 300+ workers.
- Professional Tax: State-specific registration, deduction, and monthly/annual return filing across all Indian states of operation.
- Labour Welfare Fund: Management of half-yearly contributions and returns as per state-specific LWF Acts.
- POSH Compliance: Facilitating the Internal Committee (IC) formation and filing the mandatory Annual POSH Report to the District Officer.
How we provide this service at Diwakar and Associates
Compliance Audit & Gap Analysis
We start by reviewing your current status. If you've missed past filings, we help you "regularize" them to stop further penalties.
Return Filing & Record Keeping
We manage quarterly/annual returns and maintain mandatory digital registers (Attendance, Wages, Fines) required for digital inspections.
Monthly Execution
We calculate your monthly dues for PF, ESI, and Professional Tax, ensuring they are deposited by the 15th of every month without fail.
Inspection Support & Liaison
If a government inspector visits your premises, we represent you. We prepare the documentation, answer queries, and liaise with authorities to ensure a smooth closure.
The Impact
We manage the end-to-end process of preparing and filing tax returns for individuals, firms, and corporations, along with all statutory tax forms.
Our Commitment to You
Accuracy is the cornerstone of our practice. At Diwakar and Associates, we commit to being your "Zero-Penalty Partner." We promise to keep you informed of every change in law and ensure your business remains a model of corporate governance. Our goal is to provide you with the peace of mind that comes from knowing your legal house is perfectly in order.
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