Statutory Compliance Services

Payroll errors can weaken your Company’s financial budget rendering unplanned statutory penalties

Due to payroll errors, our company failed to comply with the law, so we paid the penalty thumbnail

Due to payroll errors, our company failed to comply with the law, so we paid the penalty.

How can we ensure that our payroll- related statutory compliances are accurate?

It is challenging to stay on top of India’s constantly evolving payroll-related income rules thumbnail

It is challenging to stay on top of India’s constantly evolving payroll-related income tax rules.

How can we simplify the work of our administrative department and ensure that they are informed of all recent laws and regulations pertaining to payroll?

My organization’s focus is diluted by non-compliance due to payroll errors thumbnail

My organization’s focus is diluted by non-compliance due to payroll errors.

What measures can Paysquare take to ensure compliance with organizational objectives?

Making Payroll related statutory compliance services Easier with Paysquare

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Looking to reduce the unnecessary burdens from your HR team?

We can assist you.

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Passionate about addressing payroll related compliance issues and staying updated with legislative laws?

You’ve come to the right place.

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Ensuring that your business complies with statutory compliance?

Our compliance experts are ready to help you.

Stay 100% compliant with our payroll related statutory compliance solution

We conduct an comprehensive audit at the beginning of the association to analyze any gaps or miss outs which have taken place previously. Filling the gaps and helping the organization to be compliant

Our solution is designed to make it easy for you to stay compliant with minimum wage laws and other payroll-related regulations, freeing you up to focus on running your business.

Ensure Compliance and Avoid Penalties with Professional Statutory Compliance Services

Our comprehensive payroll and statutory compliance Services help you avoid costly penalties and increase your business’s efficiency. With our hassle-free service, you don’t have to be concerned about staying up-to-date with new regulations from both central and state authorities. Our team of experienced professionals will take care of it for you!

Provident Fund

Boost the productivity of your business operations by utilizing our professional Provident Fund (PF) services.

Paysquare provides comprehensive services related to Provident Funds (PF) in India. We help our clients with a wide range of PF-related activities, including registration,UAN generation, filing, and submission of returns, payment of contributions to the Employees’ Provident Fund Organisation (EPFO), withdrawals and transfers, and report generation.

Our experts are knowledgeable about all Indian laws related to Provident Fund matters and can provide guidance on how best to comply with them.
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Paysquare assists companies with PF (Provident Fund) registration and voluntary PF registration.

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Handling all interactions with PF authorities, such as answering notifications, examinations, and evaluations.

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Our experts help companies generate a UAN (Universal Account Number) and complete the necessary KYC (Know Your Customer) process.

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Preparing and submitting monthly reports to client management.

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Tracking the Payment to the PF authorities through our inbuilt payment tracking module

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Assisting companies with making monthly contributions to the Employees’ Provident Fund (PF) involves helping them to correctly and timely remit funds to the relevant authorities.

Any amendments related to provident fund act would be implemented to keep our clients compliant at all times

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Processing an electronic challan cum return and uploading the data to the Employees’ Provident Fund portal involves handling electronic documents and uploading information to an online portal.

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Any amendments related to provident fund act would be implemented to keep our clients compliant at all times.

Professional Tax

Maximize your tax potential and save time by utilizing location-based Professional Tax Services to eliminate the stress of being non compliant.

Paysquare’s in-built Professional tax calculator allows businesses to accurately calculate and deduct professional tax from employee salaries based on the employee location. The calculations are made in line with the rules and regulations set by the local State governments pertaining to PT, ensuring complete compliance with local tax laws.

Our experts will assist your company in managing the salary or work as a professional that must pay the professional tax assessed by Indian state governments.
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Generating state-specific Professional Tax (PT) numbers.

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Uploading information to the Professional Tax (PT) portal and generating challans.

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Preparing and presenting state-specific monthly reports to the client’s management team in cases where the employees are located in multiple states involves creating and submitting regular updates.

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Assisting companies with making monthly Professional Tax (PT) contributions involves helping them to correctly and timely remit funds to the relevant authorities.

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Paysquare’s in-built Professional Tax calculator allows seamless and error-free PT calculation and deduction, based on the employee location and in accordance with the State Government laws pertaining to the calculation of PT, while staying 100% compliant with local tax laws.

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Systematically handling notices, inspections, and assessments with authorities involves using a systematic and organized approach to responding to and addressing these types of communications from regulatory bodies.

ESIC (Employees’ State Insurance Corporation)

Gain access to top-notch healthcare services by utilizing the Employee State Insurance Corporation

Paysquare provides a comprehensive suite of ESIC services to ensure employers comply with the Employees’ State Insurance Act of 1948. Our team of experienced professionals can help you navigate through the complexities of filing and remitting your state insurance payments, ensuring compliance with all applicable laws, regulations, and guidelines.

We provide an efficient online platform for managing employee contributions to the ESI Fund, timely claims processing and payment disbursement activities, and other administrative tasks associated with this crucial statutory obligation.

Updating your KYC (Know Your Customer) and nomination information is an important part of payroll compliance. With our solution DeliziaHR, you can easily update this information through pre-filled forms.

These forms include the option to provide details about your family, which is important for beneficiary designation in the event of your death.

By keeping your KYC and nomination information up-to-date, you can ensure that you are compliant with relevant laws and regulations.
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Assisting companies with registering for the Employees’ State Insurance Corporation (ESIC) involves providing guidance and support throughout the process of becoming registered with this organization.

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Managing the necessary data upload to the Employees’ State Insurance Corporation (ESIC) portal and generating a payment challan.

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Generating a temporary Employees’ State Insurance Corporation (ESIC) identification number involves generating a unique identification number that is used temporarily until a permanent number is issued.

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Assisting companies with making monthly ESIC contributions involves helping them to correctly and timely remit funds to the relevant authorities.

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Calculating the Employees’ State Insurance Corporation (ESIC) contribution according to the applicable rates and rules involves using the relevant laws and regulations

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Systematically handling notices, inspections, and assessments with authorities involves using a systematic and organized approach to responding to and addressing these types of communications from regulatory bodies.

Labour Welfare Fund

Support and benefit your employees through the use of the Labour Welfare Fund.

The Labour Welfare Fund provides financial assistance to employees and their families in various forms, such as medical expenses, educational support, and marriage grants. At Paysquare, we have a dedicated team who strive to ensure that our customers receive timely access and the best possible service when it comes to Labour Welfare Funds.

We aim always to ensure our customers feel secure, supported, and taken care of from start to finish when dealing with us. This scheme ensures that workers are provided with the necessary resources for themselves and their families during difficult times.
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Assisting companies with registering for the Labor Welfare Fund (LWF) involves providing guidance and support throughout the process of becoming registered with this organization.

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Assisting companies with making monthly Labor Welfare Fund (LWF) contributions involves helping them to correctly and timely remit funds to the relevant authorities.

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Determining the Labor Welfare Fund (LWF) contribution according to the applicable rates and rules involves calculating the amount of money that a company or individual is required to contribute to LWF based on the relevant laws and regulations.

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Efficiently handling notifications, assessments, and investigations involves using a smooth and efficient approach to responding to and addressing these types of communications from regulatory bodies.

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Generating a report for management that outlines outstanding obligations that need to be settled involves preparing a document that lists any debts or responsibilities that have not yet been fulfilled.

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Tracking the Payment to the PF authorities through our inbuilt payment tracking module

With Paysquare, you will get

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DeliziaHR ensures statutory compliance with all applicable payroll laws and regulations, such as those governing minimum wage, overtime pay, and taxes.

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It provides automated calculation and deduction of taxes and other Payroll-related statutory deductions from employees’ salaries.

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The system allows for the easy and accurate filing of Payroll-related statutory returns, such as PF, ESI, and TDS returns, to ensure compliance with government deadlines.

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DeliziaHR maintains accurate records of all payroll transactions and Payroll-related statutory payments, which can be easily audited if required.

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The software offers regular notifications and alerts for upcoming Payroll-related statutory statutory compliance Services deadlines, helping organizations to stay on top of their obligations.

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It also provides various reports related to payroll statutory statutory compliance services india, giving the organization an overview of its compliance status.

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With deliziaHR, organizations can be confident that they are meeting all statutory requirements related to payroll, helping them to avoid costly penalties and fines.

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DeliziaHR is a cloud-based solution for human resources services.

Partner with a trustworthy Statutory Compliance company in India

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Experience in super niche domains of payroll, compliance, and related services. Serving Statutory compliance services in 18+ countries.

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Certified for ISAE 3402 (SOC 1 Type 2 (KPMG), ISO 27001 (BSI) GDPR Compliant company

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Processing over 4,50,000 monthly employee records across 1500+ customers globally

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A strong team of 700+ professionals

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A home-grown payroll processing engine

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Robust IT infrastructure with 2 data centers for BCP and Disaster Management

Exists for the last two decades.

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Insurances for E&O, CGL, WC, etc. Cyber Frauds

80% of our clients are associated with us for more than a decade

Real-success stories: See what our Clients have to say

“Paysquare a perfect match for us as a consultant to deliver the best to our client.

We found the implementation team very knowledgeable, supportive and very systematic.Paysquare is a very matured payroll processing solution and they have well paid down processes to manage first time as well as every months processing.”

Jeff Smith

Co-Founder & CTO

mubea

Centralized platform to manage payroll

ratings

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

Parameshwer Matla

COLUMBUS GLOBAL SERVICES INDIA

ratings

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

Ramakrishna Dabbara

SUM TOTAL SYSTEMS

ratings

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

Abhijeet Shete

ALTRA INDIA

ratings

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

Ratnakar Dhakad

IMOCHA TECKNACK TECHNOLOGIES PVT. LTD.

ratings

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

Monica Shah

VICTAULIC

ratings

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

Sourabh Jain

SEAGATE INDIA

ratings

On behalf of Hitech Bio Sciences India Pvt. Ltd., Hi Tech Bio Laboratories, Hi Tech Analytical Works & .…

Sukesh Baban Dhage

Manager Accounts

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.

Let us sit together for a quick walkthrough of our Payroll related statutory compliance solution.

“Paysquare a perfect match for us as a consultant to deliver the best to our client.

We found the implementation team very knowledgeable, supportive and very systematic.Paysquare is a very matured payroll processing solution and they have well paid down processes to manage first time as well as every months processing.”

Jeff Smith

Co-Founder & CTO

mubea

Centralized platform to manage payroll

ratings

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

Parameshwer Matla

Human Resources

ratings

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

Ramakrishna Dabbara

Sr. Manager – Finance

ratings

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

Abhijeet Shete

Senior Manager

ratings

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

Ratnakar Dhakad

Senior Operation Manager

ratings

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

Monica Shah

HR Business Partner India

ratings

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

Seagate India

Manager