The real issue: Businesses need to comply with 194 labour laws, spend Rs 4.58 lakh per annum

A typical MSME is required to deal with 364 compliances in a year i.e. one compliance a day, with adverse consequences including penalties and imprisonments, in some cases of non-compliances. Of these, 194 are labour related.

from SME Sector-Small Biz-Economic Times https://ift.tt/3fH7yn4
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