'Corporate Compliance Management should broadly include compliance of various laws'. In view of this, what are the Commercial Laws and Fiscal Laws, which should be complied with by every organization?

CS Professional · Governance, Risk Management, Compliances and Ethics · PYQS · December 2019
'Corporate Compliance Management should broadly include compliance of various laws'. In view of this, what are the Commercial Laws and Fiscal Laws, which should be complied with by every organization?

Answer & Explanation:

With reference to Corporate Compliance Management, the following Commercial Laws should be complied by an organization: Indian Contract Act, 1872 Transfer of Property Act 1882 Arbitration and Conciliation Act, 1996 Negotiable Instruments Act, 1881 Sale of Goods Act, 1930 Following Fiscal Laws should be complied with by an organization: Income Tax Act, 1961 Central Excise Act, 1944 Customs Act, 1962 GST Act, 2017

Topics: Compliance Management

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