Business Studies · MSME Compliance & Labor Laws
Which of the following is a mandatory compliance requirement for MSMEs in India regarding labor regulations?
- 1Optional registration and compliance with the Employees' Provident Fund (EPF)
- 2Labor law compliance restricted exclusively to large enterprises
- 3Total exemption from all labor laws for small business enterprises
- 4Factories Act compliance for businesses operating in the manufacturing sector✓
Correct answer
Factories Act compliance for businesses operating in the manufacturing sector
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