Know Your Payroll Compliance Risk... We Manage Your Risk...

Any space in compliance on income entitlements of employees could land a company in trouble. The company might finish up having a financial implication or a risk of action or IR issues triggered. Even a small non-compliance could cause important damage or smash up to the reputation of the company.

Megasoft with its expertise, sufficient skill sets, pan-India presence, well-defined procedure, and a right technology support could facilitate Payroll Compliance Services (PCS). The spirit behind the subsequent legislations would be taken care of through this service:

• The Employees’ State Insurance Act, 1948
• The Minimum Wages Act, 1948
• The Payment of Wages Act, 1936
• Varied State enactments on Professional Tax
• The Employees’ Provident Funds and Miscellaneous Provisions Act 1952

Megasoft Service Highlights

• Maintenance of related statutory registers and other records
• Timely remittance of statutory contributors
• Registrations, renewals, and amendments
• Compliance underneath several ESI sub codes
• Processing income data for creating contribution challan
• Transfer-in, transfer-out, and settlement of EPF accounts
• Facilitate customers in efficiently managing inspections by authorities
• Generation and dissemination of client exact error-free data, MIS and statutory documentation

• Filling statutory returns as per statutory timelines
• Foster rapport and maintained coordination with several authorities
• Complete support to the employees in processing applications for getting rightful advantages
• Help desk for payroll allied compliance (only in exclusive resource model)

The Megasoft Advantages

• Analytics as well as legal consultation to customers on income structuring / re-structuring with compliance outlook
• Cost-benefit to the customers
• Efficient monitoring of compliance status through web-based dashboard

Megasoft Undertakes

• Labour Law Audit
• ESI & PF Compliances
• Industrial Licenses
• Shop & Establishment Compliance
• Labour Law Licenses
• Labour Law Consulting Payroll
• Factories Act Consultant
• Labour Law Record Maintenance
• Labour Law Compliances
• Labour Law Registrations

If you may seek any further information, please log on to www.megasoftsol.com or Call 011-46067710

Disclaimer: This Blog/Information/News Item/Press Release has been Posted/Reposted by Megasoft Solutions India.