Advantage of statutory compliance services in India:-
- It helps your company get registered with ESI, professional tax, Provident Fund, etc. to make sure that the company is in compliance with the labor laws of India.
- Helps in the preparation of challan and its timely remittance in the bank.
- Proactive involvement in the calculation and the deduction of the various statutory dues in concern to your business.
- Preparation as well as filing of monthly, quarterly, half-yearly, annual as well as random returns to make sure that there are no dues left that would have to be cleared as a penalty, later on.
- Statutory compliance in India makes it mandatory for the business to be in liaison with the statutory bodies and the dedicated companies like Paysquare take the onus of making your companies compliant with it
- Keep a record of the statutory reports in the form of reports or registers