Compliance and Product Glossary

Common GRC Acronyms

GRC (Governance, Risk, and Compliance)

A unified corporate strategy aligning security policies, risk management, and regulatory compliance workflows.

SoD (Segregation of Duties)

The internal control policy of separating preparation, review, and approval duties to prevent operational error or fraud.

Challan

An official receipt document issued in India for statutory tax deposits (e.g. TDS challan, GST challan).

Evidence Log

The final compilation of tax worksheets, receipt files, and approval comments archived as a read-only packet for auditor inspection.

DPDP (Digital Personal Data Protection Act)

India's comprehensive privacy law regulating how digital personal data is gathered, processed, and secured.