A statutory setting is for children to attend by law. A private setting children don't have to attend by law. Private setting charge parents to put their child into the setting so they can cover their costs. Statuory settings has a allocated budget which the government gives them. A private setting is open for longer than a statutory setting, also private is open during the holidays.
A statutory body is a company or organization created by law, or statute, in order to regulate or carry out a public function. Examples of statutory bodies include the Airport Authority of India, the Food Corporation of India and the National Highway Authority of India.
The statutory compliane are difference in various states, typically statutory followed all the states are 1. Provident fund 2. ESIC 3. Professional tax/service Tax 4. Bonus Act 5.Gratuity 6.
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2001
Education (General Provisions) Act 2006
For a dissertation or thesis?
Statutory is govern by government legislation while independent are mainly charity organisations
Services that have to be provided by law i.e legislation has been passed requiring government / local authorities to provide them. in childcare this would mean like schools. in health care it would be NHS etc
The statutory sector involves all the organisations that are set up, controlled and funded by the government, for example public school and NHS hospitals. The statutory sector is funded by people who pay taxes and national insurance etc. This is different from the independent sector which involves organisations being run by business people who are usually in it to make profit. The independent sector is funded by the clients who use the service. Their money is used to buy supplies and pay wages etc. An example of an independent sector organisation is private schools.
Statutory Body
what is the difference between statutory audit and non statutory audit.
What is statutory inducements
statutory expenses
A statutory inducement refers to a provision in a law or statute that encourages certain behavior or actions. It is a legal incentive offered by the government to influence individuals or organizations to act in a desired way, such as offering tax breaks for investing in certain industries.
A statutory body deals with written law; non-statutory deals with implied law.
what is statutory fund
There is no statutory lending ratio.