Crucial Legal Employee Compliance Requirements for Indian Startups
Gratuity can be considered as a token of appreciation paid by the employer to the employee upon the completion of his/her services.
This is a contribution made by both the employee as well as the employer. Provident Fund (PF) becomes available to an employee only when he/she achieves retirement.
The Employees’ State Insurance Act, 1948
The Act prescribes that every employee needs to contribute 4.75% and an employer 1.75% of their total wages towards creating a corpus.
Our ability lies in customizing payroll compliance solutions to suit your specific business requirement.
Paysquare with its years of experience working with startups and established organizations has developed a technologically advanced & robust infrastructure to achieve 100% payroll compliance.