Statutory Complaince and Due dillegence services
Enabling 100% Compliance
Deviation in compliance with wage codes can drag a company into deep trouble, causing significant damage to the reputation of the company and can even risk prosecution or a financial implication.
Versutus helps companies structure their compliance module to comply with labour laws, facilitate a well-designed process and knowledge support on adhering to payroll and labour compliance activities.
Payroll Compliance Services Include
- Registration under below acts such as Provident Fund Act, Employee State Insurance Act, Labour Welfare Fund, Professional Tax, Payment of Gratuity Act.
- Statutory register and record maintenance
- Filing returns and necessary records with relevant authorities
- Regulatory management and monitoring regulatory compliances
- Representations in Payroll compliance audit & inspection handling
- Transfers and settlement of Employee Provident Fund accounts
Consultation on Payroll compliance under:
- The Payment of Wages Act, 1936
- The Minimum Wages Act, 1948
- Payment of Bonus Act, 1965
- Maternity Benefits Act, 1961
- Employee State Insurance Act, 1948
- Employees Provident Fund Act, 1952
- Labour Welfare Fund Act, 1965
- Payment of Gratuity Act, 1972
- TDS (Tax Deducted at Source)
Why Versutus for Payroll Compliance?
Commitment at the core
Diligence, discipline, and dedication, Versutus acts as a thought partner rather than a vendor. With a decade of experience and know-how, we create solutions that best suits the client’s requirements at all times.
Decades of Wisdom
Versutus has 10+ years of excellence, experience and the network to protect clients from compliance chaos. With a capable team at the helm and the right expertise to handle all contingencies.