Statutory Compliances Management
Statutory compliances are “basic hygiene” that an organization must ensure to follow. However, since this is not the core functional area, it often remains out of sight and therefore, incomplete. A proper statutory compliances under various relevant laws builds credibility of the employer and moreover helps in avoiding non compliance issues – penalties, fines etc. which are more time consuming and expensive.
The scope of this solution consists of a detailed audit process of the organization covering the statutory aspects – to find if the required statutory compliances regarding the remittances of dues, filing of challans, submission of returns and maintenance of records (as may be applicable to the organization under various labor laws / statutes) are being done properly. We also offer outsourcing solutions to manage various statutory compliances, thereby reducing the transactional load from your organization / HR team.