Internship at ALSTOM Project India Ltd.

I was done my internship at ALSTOM PROJECT INDIA LIMITED. Alstom Shahabad manufacturing facility is located in Gulbarga district of the Southern state of Karnataka. It has two Main Product Lines – Boiler Products & Foundry Products. The Boiler Products lines includes Coal Pulverisers & Milling System, High Pressure Piping, Soot Blowers, Heavy Fabrication parts, Hydro Mechanical Equipment, Heat Exchangers, Condensers, Deaerators and Cement Machinery Equipment Foundry Products include Grey Iron Castings, Spherical Graphite Iron Castings, Corrosion Resistant Iron Castings and Wear Resistant iron Castings.

with Mr. Kashinath finance officer & Mr. Suresh training officer HR Dept.

It had been an enormous exposure while working with the internship. This study boosted the confidence level to a great extent the academic report was done in the organization and their contribution in development on the topic. The main objective of this research is to study the Organizational activities in ALSTOM PROJECT INDIA LIMITED to identify the problem to suggest relevant solution to improve upon them. For preparing this report I went to study the existing conditions analyze the different factors affecting viability of the union and to identify the problem.

Analyzing the data 

Tax & Statutory C fompliances are an integral part of Corporate Finance. Non-compliance with statutory obligations can result in significant delay in filing fees for companies, and may even lead to court prosecutions for their directors/managers.  Statutory Compliances is a must in keeping away from the long arm of the law. Statutory reporting consumes a significant amount of time, effort and cost. These costs are escalating as organizations seek growth from new markets, and as local regulators increasingly align with International Financial Reporting Standards (IFRS).The current legal climate are uncertain and volatile. In most cases, a law comes in to limelight only after its contravention, resulting in severe penalties.

Visit to the production dept.

Hence I have studied about Statutory compliance Practices in Alstom India Ltd, Shahabad. So statutory compliance means employers are following the laws on a given issue the main purpose is to follow the statutory compliance to safeguarding the employees and the enterprise from untoward risks by managing and consulting on issues such as retirement benefits and Taxation.

I am extremely grateful to Mr.M.V.Alagawadi Dean and Mrs.Padmashree HOD of Central University of Karanataka of Department Business school of business studies  for giving me permission and supported me to complete this project work. I am deeply obliged my internal guide Safiya Parveen for being the strength and encouragement behind my earnest effort. I am thankful to my external guide Mr. N.A.Karagi Asst. Manager HR, Mr.Kashinath Punneshetty and Mr.Abhilash of Finance department, Mr.Suresh Training officer, and all employees of ALSTOM India Ltd Shahabad, for this expert guidance and valuable suggestion given to complete my research work.

I would like to thank all teaching, non teaching staff &library members for their kind co-operation in many ways to make my work success.