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Showing posts from November, 2022

Document required to obtain EPR Registration Mandatory for Plastic Waste

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The Central Pollution Control Board (CPCB) under the Govt. of India makes EPR authorization mandatory for manufacturers/importers/producer’s plastic waste, e-waste, and battery waste management. The EPR Certificate is obligatory for the Indian market to pursue E-waste management for operating electrical products to manage the E-waste of products. The main aim of EPR rules into ensure minimizing the pollution caused due to plastic waste and e-waste.  The EPR Registration Applicability on Plastic Waste Management The central government has proposed new rules for Extending Producers Responsibility for plastic packaging under Plastic Waste Management Rules, 2016. EPR has put the financial and physical obligation on the manufacturers/importer including producers, and brand-owners for the reuse, treatment, disposal, or recycling of the products. To pay a fee to a central corpus that will be spent for plastic waste management;  To buy that shall be established for the purpose to offset the p

Difference between Statutory Audit and Secretarial compliance

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 What is Statutory Audit and why is important A statutory audit is an independent examination of a company's financial statements and financial reporting procedures. The purpose of a statutory audit is to ensure that a company's financial statements are accurate and in compliance with applicable laws and regulations.  Statutory audits are conducted by certified public accountants (CPAs) who are independent of the company being audited. The CPA will review a company's financial statements and financial reporting procedures and compare them to the applicable laws and regulations. If the CPA finds any discrepancies, they will report their findings to the company's shareholders. A statutory audit is important because it provides investors and other interested parties with the assurance that a company's financial statements are reliable. What is Secretarial compliance and why is important Secretary compliance is the process of ensuring that a company or organization is a