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Risk & Compliance Advisory

Know Your Compliance
Risk Before the Inspector Does

India's most thorough statutory compliance audit — covering EPF, ESIC, Minimum Wages, Factory Act, Labour Codes, and 40+ compliance areas. We score your risk, close your gaps, and protect you from penalties before they happen.

₹25L+
Average penalty avoided per client annually
72hrs
From audit kick-off to full risk report
98%
Client satisfaction score post-audit
300+
Businesses protected across India
Book Your Free Audit Call +91 7278382506
Compliance audit analytics — CompliCore Risk Advisory
40+
Compliance
Areas

₹25L+

Average penalty avoided per client annually

72hrs

From audit kick-off to full risk report delivery

98%

Client satisfaction score post-audit

300+

Businesses protected across India

What We Do

A Full-Spectrum
Compliance Risk Audit

Most businesses discover compliance failures only when an inspector arrives or a penalty notice lands. By then, the damage is done. Our Risk & Compliance Advisory service flips this — we conduct a proactive, end-to-end audit of every statutory obligation your business carries, assign a risk score to each gap, and hand you a prioritised remediation roadmap.

Covering EPF, ESIC, Minimum Wages, Professional Tax, Factory Act, Contract Labour, Shops & Establishment, Maternity Benefit, Gratuity, and 30+ more acts — we leave no compliance area unexamined.

  • On-site inspection + documentation review combined
  • EPFO, ESIC & MCA portal reconciliation included
  • Risk scored red / orange / yellow / green per area
  • Written remediation plan with timelines delivered
  • Post-audit support to close every identified gap

Sample Risk Score Card — Typical Findings

EPF / ESIC Non-Remittance
Critical
Minimum Wages Non-Compliance
High
Contract Labour Violations
High
Statutory Register Gaps
Medium
Licence Renewal Lapses
Medium
Display & Notice Compliance
Low
Cost of Non-Compliance

The Real Price of Getting Compliance Wrong

Indian labour enforcement has significantly intensified post-2024. These are the current statutory penalties applicable to your business.

Critical Risk

EPF Default (Section 7Q)

12–25% damages p.a. + prosecution

Interest at 12% p.a. plus damages up to 25% of arrears under EPF & MP Act, 1952. Repeat defaults attract imprisonment of up to 3 years and fine of ₹10,000 under Section 14AA.

Critical Risk

ESIC Non-Contribution

12% interest + ₹5,000 fine per employee

ESIC Act, 1948 — interest at 12% per annum on delayed contributions. Failure to register eligible employees is a criminal offence punishable with imprisonment up to 2 years.

High Risk

Minimum Wages Violation

₹50,000 + 5 years imprisonment

Under the Code on Wages 2019 (notified 2024), underpayment of minimum wages carries penalties up to ₹50,000 and repeat offences are punishable with imprisonment up to 5 years.

High Risk

Factory Act / OSH Code Breach

₹2 Lakh first offence / ₹5 Lakh repeat

Occupational Safety, Health & Working Conditions Code 2020 prescribes ₹2 lakh for first contraventions. Repeat violations and accidents due to non-compliance attract penalties up to ₹5 lakh.

Medium Risk

Contract Labour Act Violation

₹1,000 + 3 months imprisonment

CLRA Act, 1970 — operating without a valid Principal Employer certificate or Contractor licence. Enhanced provisions under the new Industrial Relations Code also apply to contract workers.

Medium Risk

Professional Tax Default

1–2% monthly penalty (state-specific)

West Bengal Professional Tax Act — delayed deduction or remittance attracts penal interest of 1–2% per month on arrears plus potential cancellation of PT registration for repeat non-filing.

Our Methodology

How We Conduct Your Compliance Audit

A structured 6-step process refined over 30 years and 500+ audits across West Bengal and India.

01

Pre-Audit Documentation Review

We collect your last 3 years of PF/ESIC challans, wage registers, licence copies, appointment letters, and statutory forms. A preliminary digital gap check identifies high-risk areas before on-site work begins.

Remote · 1–2 Days
02

On-Site Physical Inspection

Our senior auditor visits your establishment to inspect statutory registers (Form B, Muster Roll, Wages Register, Overtime Register), notice boards, safety signages, and physical records against your headcount and operations.

On-Site · 1 Day
03

EPFO / ESIC Portal Reconciliation

We cross-verify your ECR filings, UAN activation status, challan history, and ESIC IP generation against your employee headcount and salary data. Portal discrepancies — a leading cause of notices — are flagged immediately.

Portal Audit · 1 Day
04

Wage & Statutory Compliance Check

Minimum wage applicability under the revised West Bengal schedule, Professional Tax slabs, Labour Welfare Fund deductions, gratuity provisioning, and bonus calculation are all verified against current legal requirements including new Labour Code definitions.

Data Analysis · 1 Day
05

Risk Scoring & Gap Analysis

Every compliance area is assigned a risk colour — Critical, High, Medium, or Low — based on penalty exposure, likelihood of detection, and time sensitivity. The comprehensive risk matrix becomes your compliance dashboard.

Analysis · Same Day
06

Remediation Report & Action Plan

You receive a written audit report with specific remediation steps, responsible parties, and deadlines for each gap. We remain available post-audit to help close every finding — including handling any show-cause notices already received.

Deliverable · Within 72hrs
Audit Coverage

40+ Compliance Areas Covered in Every Audit

No act is left unchecked. Our audit scope is the most comprehensive in West Bengal.

EPF & MP Act

1952 · EPFO

ESIC Act

1948 · ESIC

Code on Wages

2019 · Min Wages / Bonus

Contract Labour (R&A) Act

1970 · CLRA

Factories Act / OSH Code

1948 · 2020

Shops & Establishments Act

WB 1963 / State-specific

Professional Tax

WB PT Act 1979

Labour Welfare Fund

WB LWF Act 1974

Maternity Benefit Act

1961 (amended 2017)

Payment of Gratuity Act

1972

Payment of Bonus Act

1965 · Code on Wages

POSH Act Compliance

SH at Workplace 2013

4 New Labour Codes

Wages · IR · SS · OSH

Motor Transport Workers

Act 1961

EHS / Fire Safety

OSH Code 2020

Equal Remuneration

Act 1976 / Code on Wages

Latest Regulatory Updates

Recent Government Changes That Impact Your Business

Stay ahead of India's fast-changing compliance landscape. These recent developments directly affect your audit risk profile.

EPFO Update

March 2025

EPFO Amnesty Scheme 2025 — Deadline Closed

The EPFO's one-time settlement window for defaulting establishments (covering arrears up to March 2024) has now closed. Establishments that did not apply now face full penal interest of 12% per annum plus damages of up to 25% under Section 7Q. EPFO has directed Regional PF Commissioners to resume enforcement actions immediately.

Get Your EPF Compliance Check
Labour Codes

2025–2026

4 Labour Codes — State Rules Notified, Enforcement Imminent

The Code on Wages 2019, Industrial Relations Code 2020, Social Security Code 2020, and OSH Code 2020 have had rules notified by most states including West Bengal. The new "50% basic wage" rule under Code on Wages will significantly impact EPF contribution calculations and take-home structuring across all businesses.

Assess Your Labour Code Readiness
ESIC Update

January 2025

ESIC Coverage Expanded to 35 New Districts Across India

ESIC has extended mandatory coverage to 35 additional districts via gazette notification, bringing total covered districts to over 600. Establishments in newly covered areas must register within 15 days of the notification date or face penalty under Section 85 of the ESI Act. Several West Bengal districts are included in this expansion.

Check Your ESIC Coverage Status
MCA Update

2024–2025

MCA21 V3 Active — Enhanced Compliance Monitoring for Companies

The Ministry of Corporate Affairs' upgraded MCA21 V3 portal now enables real-time cross-referencing of labour compliance data with company filings. Companies filing annual returns are now cross-verified against EPFO/ESIC contribution data, and discrepancies trigger automatic scrutiny notices from ROC offices.

Review Your MCA Compliance Profile
OSH Code

2025

OSH & WC Code 2020 — Revised Factory Thresholds & New Obligations

The OSH Code 2020 has lowered the factory applicability threshold and introduced new requirements for annual health check-ups, safety officers, and occupational disease reporting. Establishments with 10+ workers using power are now covered. Non-compliant factories risk immediate licence suspension under the new framework.

Audit Your OSH Compliance
Minimum Wages

October 2024

West Bengal Minimum Wages Revised — October 2024 Schedule

The Government of West Bengal revised minimum wages effective October 2024 across all scheduled employments. Unskilled rate has been increased significantly. Employers who have not updated their wage registers, salary structures, and EPF calculations to reflect the new rates are now in non-compliance and liable for penalty under the Code on Wages 2019.

Verify Your Wage Compliance
Why CompliCore

Why 300+ Businesses Trust CompliCore for Their Audit

Compliance audits are not just about checklists — they require deep regulatory insight, strategic foresight, and practical remediation planning. Here's why we are the preferred choice for businesses across West Bengal.

30+ Years of Audit Expertise

Formerly Dey Associate — since 1994, we have conducted thousands of compliance audits across manufacturing, services, construction, IT, and retail sectors. No compliance scenario is new to us.

EPFO & ESIC Empanelled Consultant

Our team works directly with EPFO and ESIC officials, giving us advance knowledge of enforcement priorities, common audit triggers, and resolution pathways — an advantage no generic consultancy can offer.

In-House Legal & Advisory Team

Our audits are backed by a full legal team that drafts show-cause notice replies, attends inspector hearings, and litigates enforcement actions when required. You are never left alone facing a government demand.

72-Hour Report Turnaround

From the start of on-site work to final written report delivery — we commit to 72 hours. When enforcement is imminent, speed matters. Our structured methodology allows rapid, thorough auditing without cutting corners.

₹0 Penalties Post-Audit Guarantee

Not a single client who implemented our remediation plan within the recommended timeline has received a statutory penalty. This is not a marketing claim — it is a track record built over 30 years and 300+ clients.

West Bengal Specialists Since 1994

West Bengal has some of India's most complex state-level compliance requirements — from PT slabs to LWF schedules to specific S&E Act provisions. Our deep local expertise means nothing state-specific is missed.

Free. No Obligation. Immediate.

Book Your Free
Compliance Risk Audit.

Let our senior auditors review your compliance health — at zero cost, with zero obligation. We identify your risks, show you the financial exposure, and give you a roadmap to close every gap before the regulators do.

30+ Years of Excellence 300+ Clients Protected ₹0 Penalties Post-Audit 72-Hour Report Delivery WB Experts Since 1994
Full Risk Report
Written compliance gap report delivered
72-Hour Turnaround
Report within 72 hrs of site visit
₹0 Penalty Record
Zero penalties across 500+ audits
Senior Auditors
30+ years of statutory expertise

Request Your Free Audit

A senior advisor will call you within the hour.

🔒 Confidential. We never share your data.

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