Our Experts will help you out in understanding what Statutory Compliances are and how to register your company with the organizations that the government has set up to look after the needs of the companies that are enrolled with them.
Statutory Compliances refer to certain rules and regulations that every organization should follow while dealing with its employees. Each and every small medium and large scale organization in a country must operate within a legal framework in regards to the rumination or salaries given to the employees of the company.
Provident Fund is one of the facilities of the government that is given to each and every person who is working in an organization and drawing salaries as per government norms. Here there is part contribution of the employer and part contribution of the employee and the money is stored safely with the government and can be withdrawn anytime by the employ.
Employee State Insurance or ESI where a person having a basic salary of less than 15000.00 INR in a month is provided an ESI Card using which they can avail free treatment in ESI Hospitals across the country.
Professional Tax is one of the most important parts of the countries growth as this is money that we pay to the government from our salaries as Tax that is used in the growth of the country. There are certain levels on which Tax is calculated on the amount of salary a person earns in a year.
In order to make sure that the life’s labour's working in a factory or any industry better the Labour Welfare Fund (LWF) was introduced by the government. There is nothing much that an organization has to do here apart from enrolling the labour's working in the organization so that they can avail the facility when in need.
Highly trained and professional maintain the statutory registers /forms/returns filing as per the industry norms. We have a team to represent the inspection and conduct HR audit as per the client requirements. Applying licenses as per the industry is been done thru our expertise.