MSMEs play a vital role in the Indian economy as they contribute a major portion to India’s GDP, employment and exports. However, there are challenges encountered when trying to comprehend various regulations and statutory compliance services that affect these businesses. This is where the compliance services come in handy.

Over several years, India has experienced a drastic shift in the context of compliance challenges mostly due to the enhancement of modern technology. This digital revolution is changing how businesses go about statutory compliance services in terms of capacity, reliability and costs. This brings us to the topic of interest,

Compliance has emerged as a crucial factor for organisations to grow business successfully. With the changing industry standards and high legal framework demands, companies seek compliance services to keep up. So, allow us to help you get an understanding of compliance services in India, their relevance, major areas of activity,