Statutory audits are an important part of the operation of a compliant and transparent business. They help ensure your organization’s financial records, payroll processes, and statutory filings are consistent with government regulations and accounting standards. Many businesses perceive audits as burdensome or inconvenient; however, they act as a good check-in for compliance, accuracy, and governance. […]
Payroll processing is one of the most crucial aspects of running a business, organization, or company. It helps and ensures that employees are taken care of and paid accurately (on time), along with fulfilling all legal and regulatory requirements. However, many businesses, especially start-ups and small and medium-sized enterprises, often make statutory compliance mistakes in […]
Payroll compliance is one of the most critical responsibilities of businesses, ensuring employees are paid correctly and in compliance with labour laws, tax regulations, and statutory requirements. In India, failure to comply with payroll regulations can lead to penalties, employee dissatisfaction, and legal repercussions. This guide provides an in-depth look at payroll compliance in India, […]