Factors Determining Statutory Compliance in Payroll Components in India

Statutory-compliances

Salary structuring, statutory compliance, and outsourcing are important components of payroll in India in 2019.  Salary structuring with correct tax planning helps reduce the tax liability of the employee and the employer. On the other hand, statutory compliance is mandatory if you want to avoid legal penalties and other fines. Outsourcing of the payroll function, … Read more

Accounting Checklists in 2019: Financial Tasks for Every Small Business Owner’s-Paysquare

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Accounting is important for all businesses irrespective of their size. The objectives of accounting for small businesses are: Profits: Accounting helps small businesses keep a tab on the income and expenditure which helps you determine whether you are making a profit or not. Filing Returns: The statutory returns that need to be filed can only … Read more

10 Useful Accounting Tips for Small Businesses | Paysquare.com

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Running a small business comes with an array of accounting responsibilities – tracking cash flow, reconciling bank accounts, and managing expenses. Unfortunately, the weeds of manual tasks, paperwork, and human errors also follow.   There is no denying to the fact that accounting and bookkeeping tasks can snatch your focus away from essential business activities. … Read more

Common issues faced when outsourcing payroll Services in India-Paysquare

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Payroll proves to be one of the signature concerns for an organisation. One shouldn’t even be surprised to know that why the payroll department is given the most importance. The payroll department remains responsible for maintaining typical operations, confidential information, as well as compensating all the workers working in an organization for the services they … Read more

10 Benefits of Partnering with a Temp Staffing Agency in 2019-Paysquare

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Business demand is never constant. There are times when there is a surge in demand which may be seasonal or due to a major project that you have secured. These are temporary phases when you need extra staff and once the demand falls or the project is over, they are no longer required. This is … Read more

7 Misconceptions about Temp Staffing Agencies-Paysquare

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Temp staffing agencies are an integral part of the recruitment process followed in the corporate sector. This statement is often half-heartedly believed. It’s met with scepticism since candidates fail to grasp how substantial and integral recruitment processes can be. Companies understand the importance and size of this process. As a result, they work hand-in-hand with … Read more

10 Reasons Why Paysquare Should Be Your Payroll Outsourcing Provider

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Most businesses handle their payroll functions in-house. But with the development of inter connectivity and globalization, it’s becoming increasingly popular to payroll outsourcing operations to a third-party professional. At Paysquare, we have a team of seasoned experts who are proficient at payroll management, statutory compliance, and leave management. If your organization hasn’t already done this, Here … Read more

10 Small Business Accounting Tips to Save Your Time and Money in 2019-Paysquare

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When you’re first starting your business, it’s necessary to multi-task. Resources are limited and there’s so much to do. It’s the story of every small business. However, accounting is one aspect which should never be ignored. It will lay the foundation for your business’s future. So, here are 10 useful accounting tips for you to … Read more

10 Questions to Ask Before Hiring a Accounting & Bookkeeping firm for your company-Paysquare

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If you’re reading this article, then you’re on the lookout for an accounting and bookkeeping firm. Firstly, congratulations that you didn’t make the mistake of trying to be the accountant for your business. Most entrepreneurs take accounting lightly and end up make terrible business decisions. Now, how do you hire the best possible accounting and … Read more

5 Benefits of Payroll Management Services-Paysquare

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Organizations across various industries are waking up to the importance of streamlining their business processes. One of the most important aspects of this restructuring is the decision to outsource certain business processes. While information technology and regular upkeep and maintenance are easily handed over to third-party service providers, most businesses aren’t comfortable opting for payroll … Read more