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All you need to know about Statutory Compliances in India

Keka HR Blog

Organizations often worry about facing legal problems related to statutory compliances. With increasing non-compliance risks, it becomes necessary for the companies in India to have statutory compliance in HR in India. What is statutory compliance? This framework is termed as statutory compliance.

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Core components of Payroll | The Actual Payroll Process

Keka HR Blog

Statutory Compliances In India. Statutory compliance in HR refers to the lawful structure and regulations within which organizations must operate while dealing with their employees. Each nation has different sorts of compliance requirements. Each nation has different sorts of compliance requirements.

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India’s Interim Budget 2019 –Changes to Income Tax, Provident Funds & Gratuities

Immedis

Considering the varied salary classes that exist in India, there are multiple changes being introduced specifically around income tax and employee state insurance compliance. . Employee State Insurance Compliance. Employee State Insurance Compliance. There is another proposed change in ESIC compliance. Gratuities.

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Payroll Management : Remain Statutory Compliant & Avoid Last Minute Payroll Hassles

Empxtrack

Calculating taxes, Provident Fund (PF) and ESI deductions, travel/ medical/ education allowance and taking right decisions related to investment declarations and employee benefits is a time-consuming task. Doesn’t automatically update as per statutory changes. Deposit withheld taxes in timely manner to reduce compliance risks.

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24Q Form Filing – A Quick Guide On filing TDS Return Online

Empxtrack

Taking care of statutory legislation and considering all rules while filing TDS return is a tedious yet an essential task. Many organizations use online payroll software to manage end to end payroll activities along with meeting statuary compliance. Rules to Calculate Employee & Employer Contribution for ESI and PF Deduction.

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Payroll Solution That Ensures 100% Statutory Compliance and Regulation

Empxtrack

Payroll is a complex process that becomes more challenging with a company’s unique processes, compliance issues, varying allowance and deductions and with constantly changing legislation. The goal is to avoid compliance risks and to adapt to the constantly evolving regulations. Generation of correct reports and challans.

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What are Pre-Payroll activities? A detailed overview

Keka HR Blog

The payroll process in India is a necessary business function since it involves calculating the ‘net salary’ or net pay of employees after making necessary adjustments as per the company’s policies and statutory compliances. Related Blog: Choose the best HR & Payroll software for your business in India. PF (Provident Fund).