Statutory Compliance In Bangalore

Paysquare has amazing compliance services which help companies to work on making effective compliances for their employees.

    Statutory Compliance Service in Bangalore

    A business is nothing without its workforce glued together. It is vital for every company to operate with a knowledgeable team engaging in various capabilities to accomplish its objectives. We, at Paysqaure, include incredible human resource fulfillment facilities that assist other firms to operate in order to creating efficient agreements for their workers. It is important for a firm to work appropriately and for this to happen, it needs to be coordinated as well as simplified together with appropriate set of laws. These regulations and principles focus on the entire phases, together with the association of the group with its work force combined with funds.

    Paysqaure can assist your business in the following aspects

    Challenging court cases is incredibly hectic along with making a lot of interferences to your everyday functions. It is crucial to steer clear of them and keep away from any possibility of danger. When you partner with Paysqaure, you spare a huge amount of money because employment of another service provider when it comes to these essential services is affordable too. At Paysqaure, we ensure that your firm is contained by the rules and regulations as well as maintain your business planned.


    Indian rules and regulations are incredibly stringent when it comes to guidelines. In case your business is not aligning with the lawful order, your business will be forced to deal with lawsuits and penalties. Along with causing irreparable loss to your standing in the market, employing an entire team for such activity as well as giving off penalties would make you spend a big amount of money. When you team with Paysquare, you get rid of risks and challenges pertaining to legal framework.


    A major attraction is that Paysqaure is affordable as compared to other service providers. Rather than spending a huge amount of money, it is better to hire a better and cost-effective approach.


    While we take care of all legal work, a huge burden falls off your shoulders, you can have a better approach towards core activities of your firm without any stress.


    Having talent from all over India, from various diversities is beneficial for your business and with Paysqaure, you can avail those.

    Why Paysqaure is best in the market

    If you are looking for a statutory compliance facility supplier and the best in India. This is because the approaches we have towards the services are like no other and the customers we have are proof of the best value that we provide.


    When your firm is not able to keep pace with rules and regulations in addition to taking rightful legal action, Paysquare helps you. With the ever- evolving laws of India, we ensure that our workers are well-versed with them. We apply the same policy while working with your firm.


    We are best in the market, the services we offer are the finest in comparison to other similar services provided by other companies and that too at affordable rates.


    Functioning of the workforce in a legal manner is extremely important along with being a huge responsibility. We cater to that responsibility for you; however, the main controlling always resides with you only. There is absolute transparency when you work with us.

    Read on to see why our customers stick with us and why you should be one of them:

    Reach out to us if your company is in Bangalore. Check out our website to see all the more services that you can enjoy at very affordable prices. Paysqaure staff is always happy to assist you. Avail all the benefits and services today! We believe in the development of your firm and we are looking forward to assist you.


    The most valuable service that we get from you is “peace of mind.” I know that once I…

    Parameshwer Matla

    Human Resources


    We would like to take this opportunity to thank you for your continual support till date!

    Ramakrishna Dabbara

    Sr. Manager – Finance


    We have successfully completed the go-live for Altra India Payroll.I would like to…

    Abhijeet Shete

    Senior Manager


    We are very impressed with Paysquare team due to their ability to process payroll…

    Ratnakar Dhakad

    Senior Operation Manager


    Honestly , It has been an amazing experience working with Payroll team as on date…

    Monica Shah

    HR Business Partner India


    I have been a client of Paysquare for 7 years and their services are fantastic. Migration from the old…

    Seagate India


    Delivering Exceptional Experiences

    Frequently Asked Questions

    What is Statutory Compliance?

    Statutory compliance is a legal framework that every organization needs to adhere to. Across most companies, it is observed that statutory compliance management in india has reached very important proportions Several times statutory compliance services are also called as legal compliance management.
    In the area of statutory compliance management india is really taking notice and most companies are putting in place a comprehensive strategy to address their statutory compliance and legal compliance requirements. Statutory compliance management in India is not a choice but is mandatory for companies of all sizes.
    There are usually statutory compliances with reference to both payroll and accounting. In terms of payroll, there are clear mandates as to PF deductions, EPF participation, Profession tax payments, TDS deductions to be made, Returns to be filed based on TDS deducted etc. Each process needs to be done within its respective deadlines and non-adherence to the same can result in penalties and fines. Every business wants to focus on their growth and does not want to get involved in managing litigations and disputes, especially when it comes to the regulatory bodies.
    In several organizations, in-house staff keep track of several of these statutory compliance services, but they may not be well equipped to be doing this on a regular basis. There are several occasions where regulations change frequently and you need some expert advice to get a correct interpretation of what this change means to your company. When you work with capable companies offering statutory compliance services india, you do not need to worry about any of your compliances. All of them are taken care of and within the prescribed deadlines.
    Here are some of the pertinent statutory compliances which need to take care basis on industry and segments
    • Factories Act
    • PF & Misc Provision Act
    • ESI Act
    • Minimum Wages Act
    • Bonus Act
    • Contract Labour Regulation and Abolition Act
    • Professional Tax Act
    • Shop and Establishment Act
    • Labour Welfare Fund
    • Maternity Benefit Act
    • Payment of Wages Act
    • Other Labour Regulations as applicable to the establishment

    Why Statutory Compliance Management is Important?

    Statutory compliance management in India is not a choice for organizations. It is mandatory. Non-compliance can result in penalties and fines. As an organization, you do not want to get into the bad books with regulators. It is important to understand the clauses of different acts that you need to comply with and plan steps to implement that compliance across operations.
    Planning to meet all the statutory compliances is not an easy task as regulations do change often and it is important to track the changes and also interpret what they mean for your business. Wrong interpretations often create even more confusion and leads to non-compliance.
    As an organization focusing on business goals, it can be very disheartening to get pulled down by penalties, govt. notices and disputes. It is every business owner’s goals to stay away from all these complications and focus solely on their business growth. Having a capable partner like Paysquare, who can manage end to end statutory compliance services is very helpful. Business owners are then able to spend quality time on growing their business and engaging with customers.
    Paysquare is one of compliance outsourcing companies in India which takes care of all statutory compliance activities required as per government norms. Paysquare also manages all statutory compliance in HR, manage TDS deductions through investment declarations and automatically calculate salaries after TDS deduction while processing payroll. In addition, it allows you to capture Challans and generate form 16 and form 24Q to manage all your statutory compliance with ease and efficiency.

    What Are Benefits / Features Of Statutory Compliance From Paysquare?

    Paysquare offers end to end payroll outsourcing and accounting outsourcing services. When you engage with Paysquare all of the elements involved in payroll processing are already getting addressed. Paysquare also offers statutory compliance services. If the same vendor is also managing end to end compliance services, it becomes all the more beneficial. The entire ownership of payroll and the related statutory compliances stays with one vendor.
    Paysquare has been in business for over 17 years and they have a very good domain knowledge of payroll. Over the years, they have also built a lot of technology and automation to streamline payroll management and statutory compliances for its clients. When clients sign up with Paysquare, they can easily benefit from the immense domain knowledge they have in the field of payroll and statutory compliances.

    What is Payroll Company?

    Every business, small, medium or large needs to process salary payments (payroll) to its employees. This process of doing the entire payroll calculations including tax deductions applicable and the end to end process of managing all the filing and compliances related to the payroll is called payroll processing. A company that offers payroll processing as a service is typically called payroll company. A payroll company make it easy for small, medium u0026 large businesses to streamline their business operations. Paysquare is a leading payroll company in India, which helps organizations in end to end payroll processing. From payroll calculations to tax deductions to finalizing bank files for depositing employees’ salary directly to their bank accounts, Paysquare does it all. Along with all this, Paysquare also provides web based access to employees and HR admins, where they can access their payslips and tax related information through secure logins.

    What are the features of Payroll Outsourcing company?

    Payroll outsourcing companies help you to improve productivity by saving time, efforts and costs incurred for carrying out payroll operations in-house. Payroll outsourcing companies have a wide range of payroll specialization for different industries, like for e.g. some organizations offer flexible savings accounts, or retirement account options, and some provide specific tax saving proposals, insurance payments helping the business owner to deliver efficient payroll through better productivity.

    Improved efficiency of employees

    Payroll outsourcing companies process the payroll day in and day out with the high availability of expert pool and better awareness of technical and legal norms. Efficiency is achieved by outsourcing to specialized payroll experts ensuring timely and accurate payroll processing.

    Accurate tax returns filing

    Tax returns are filed accurately and on time to ensure that there are no compliance related issues. Cost savings is one of the major benefits delivered by payroll outsourcing companies. High penalties can be avoided by making sure that tax returns are filed on time and accurately.

    Using best of technology

    Payroll outsourcing firms use latest and advanced software programs for payroll processing, tax computation for minimizing errors and delays. This ensures high degree of automation in the entire payroll processing process and ensures that manual errors are minimized or eliminated.

    Kick-Start Your Payroll Outsourcing Journey With Us.

    Let us sit together for a quick walk through of the payroll and HR solutions, we have on offer for you.

    Kick-Start Your Payroll Outsourcing Journey With Us.

    Let us sit together for a quick walk through of the payroll and HR solutions, we have on offer for you.

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