Statutory Compliance Services

Statutory Compliance refers to all the legal obligations a company must follow under labour laws, tax laws, and industry-specific regulations. Non-compliance can result in penalties, inspections, business disruptions, and legal actions.

Statutory Compliance Services ensure that organizations remain fully compliant with applicable laws and avoid risks.

Scope of Statutory Compliance Services

1. Labour Law Compliances

  • Provident Fund (PF) registration, contributions & returns

  • Employee State Insurance (ESIC) registration & filings

  • Professional Tax (PT), Labour Welfare Fund (LWF) compliance

  • Shops & Establishment Act registration & renewals

  • Factories Act compliance & licence renewals

  • Contract Labour (Regulation & Abolition) Act compliance

  • Payment of Wages, Minimum Wages, Bonus, Gratuity & Maternity Benefit compliance

2. Payroll & HR Compliance

  • Salary structure aligned with statutory norms

  • Payslip generation with proper deductions (PF, ESIC, TDS, PT)

  • Overtime, leave, gratuity & bonus calculation

  • Maintenance of statutory registers & employee records

  • Employee exit settlements & compliance clearances

3. Industrial & Establishment Compliances

  • Factory licence & renewal

  • Trade licence & Shop Act licence

  • BOCW (Building & Other Construction Workers) compliance

  • Pollution Control Board approvals (CTE/CTO)

  • Fire Safety, Health & Safety, and Environmental clearances

4. Tax & Financial Compliances

  • GST registration & returns

  • TDS/TCS deduction & filing

  • Income tax compliance for employees & employer

  • ROC filings for companies & LLPs

5. Audit & Inspection Support

  • Compliance health check & internal audits

  • Preparation of statutory registers & returns

  • Handling inspections by PF, ESIC, Labour, Factory, GST, and Tax authorities

  • Gap analysis & corrective action plan

Deliverables from Statutory Compliance Services

  • Compliance Calendar (monthly, quarterly, annual deadlines)

  • Registers & Records as per Acts (PF, ESIC, Factories, Shops, etc.)

  • Filing of Returns with govt. authorities

  • MIS Reports for management review

  • Compliance Audit Reports with risk assessment

Penalties for Non-Compliance

  • Monetary fines (₹500 to several lakhs depending on the Act)

  • Prosecution of employer/directors in severe cases

  • Business licence suspension or cancellation

  • Legal disputes with employees & government

Benefits of Statutory Compliance Services

  • Ensures 100% legal compliance with labour & tax laws

  • Protects organization from fines, penalties, and litigation

  • Builds trust & credibility with employees, investors, and authorities

  • Allows management to focus on core business instead of compliance burden

Statutory Compliance Services

Statutory Compliance refers to all the legal obligations a company must follow under labour laws, tax laws, and industry-specific regulations. Non-compliance can result in penalties, inspections, business disruptions, and legal actions.

Statutory Compliance Services ensure that organizations remain fully compliant with applicable laws and avoid risks.

Scope of Statutory Compliance Services

1. Labour Law Compliances

  • Provident Fund (PF) registration, contributions & returns

  • Employee State Insurance (ESIC) registration & filings

  • Professional Tax (PT), Labour Welfare Fund (LWF) compliance

  • Shops & Establishment Act registration & renewals

  • Factories Act compliance & licence renewals

  • Contract Labour (Regulation & Abolition) Act compliance

  • Payment of Wages, Minimum Wages, Bonus, Gratuity & Maternity Benefit compliance

2. Payroll & HR Compliance

  • Salary structure aligned with statutory norms

  • Payslip generation with proper deductions (PF, ESIC, TDS, PT)

  • Overtime, leave, gratuity & bonus calculation

  • Maintenance of statutory registers & employee records

  • Employee exit settlements & compliance clearances

3. Industrial & Establishment Compliances

  • Factory licence & renewal

  • Trade licence & Shop Act licence

  • BOCW (Building & Other Construction Workers) compliance

  • Pollution Control Board approvals (CTE/CTO)

  • Fire Safety, Health & Safety, and Environmental clearances

4. Tax & Financial Compliances

  • GST registration & returns

  • TDS/TCS deduction & filing

  • Income tax compliance for employees & employer

  • ROC filings for companies & LLPs

5. Audit & Inspection Support

  • Compliance health check & internal audits

  • Preparation of statutory registers & returns

  • Handling inspections by PF, ESIC, Labour, Factory, GST, and Tax authorities

  • Gap analysis & corrective action plan

Deliverables from Statutory Compliance Services

  • Compliance Calendar (monthly, quarterly, annual deadlines)

  • Registers & Records as per Acts (PF, ESIC, Factories, Shops, etc.)

  • Filing of Returns with govt. authorities

  • MIS Reports for management review

  • Compliance Audit Reports with risk assessment

Penalties for Non-Compliance

  • Monetary fines (₹500 to several lakhs depending on the Act)

  • Prosecution of employer/directors in severe cases

  • Business licence suspension or cancellation

  • Legal disputes with employees & government

Benefits of Statutory Compliance Services

  • Ensures 100% legal compliance with labour & tax laws

  • Protects organization from fines, penalties, and litigation

  • Builds trust & credibility with employees, investors, and authorities

  • Allows management to focus on core business instead of compliance burden

Statutory Compliance Services

Statutory Compliance refers to all the legal obligations a company must follow under labour laws, tax laws, and industry-specific regulations. Non-compliance can result in penalties, inspections, business disruptions, and legal actions.

Statutory Compliance Services ensure that organizations remain fully compliant with applicable laws and avoid risks.

Scope of Statutory Compliance Services

1. Labour Law Compliances

  • Provident Fund (PF) registration, contributions & returns

  • Employee State Insurance (ESIC) registration & filings

  • Professional Tax (PT), Labour Welfare Fund (LWF) compliance

  • Shops & Establishment Act registration & renewals

  • Factories Act compliance & licence renewals

  • Contract Labour (Regulation & Abolition) Act compliance

  • Payment of Wages, Minimum Wages, Bonus, Gratuity & Maternity Benefit compliance

2. Payroll & HR Compliance

  • Salary structure aligned with statutory norms

  • Payslip generation with proper deductions (PF, ESIC, TDS, PT)

  • Overtime, leave, gratuity & bonus calculation

  • Maintenance of statutory registers & employee records

  • Employee exit settlements & compliance clearances

3. Industrial & Establishment Compliances

  • Factory licence & renewal

  • Trade licence & Shop Act licence

  • BOCW (Building & Other Construction Workers) compliance

  • Pollution Control Board approvals (CTE/CTO)

  • Fire Safety, Health & Safety, and Environmental clearances

4. Tax & Financial Compliances

  • GST registration & returns

  • TDS/TCS deduction & filing

  • Income tax compliance for employees & employer

  • ROC filings for companies & LLPs

5. Audit & Inspection Support

  • Compliance health check & internal audits

  • Preparation of statutory registers & returns

  • Handling inspections by PF, ESIC, Labour, Factory, GST, and Tax authorities

  • Gap analysis & corrective action plan

Deliverables from Statutory Compliance Services

  • Compliance Calendar (monthly, quarterly, annual deadlines)

  • Registers & Records as per Acts (PF, ESIC, Factories, Shops, etc.)

  • Filing of Returns with govt. authorities

  • MIS Reports for management review

  • Compliance Audit Reports with risk assessment

Penalties for Non-Compliance

  • Monetary fines (₹500 to several lakhs depending on the Act)

  • Prosecution of employer/directors in severe cases

  • Business licence suspension or cancellation

  • Legal disputes with employees & government

Benefits of Statutory Compliance Services

  • Ensures 100% legal compliance with labour & tax laws

  • Protects organization from fines, penalties, and litigation

  • Builds trust & credibility with employees, investors, and authorities

  • Allows management to focus on core business instead of compliance burden