Payroll Compliance in India

Payroll compliance in India consists of the calculations of Income Tax Compliance (TDS), Reimbursements, Provident Fund Compliance, Professional Compliance, ESI Compliance, Gratuity Compliance and various other laws.

Let’s check which compliance applies to your business.

FOR INCOME TAX (TDS)

• Applicability of Section 192.
• Rate of Tax for TDS.
• Tax rate structure for Individual
• Compliance to be done under TDS u/s 192.
• TDS Payment due date
• Issuance of Form 16

FOR PROVIDENT FUND COMLPIANCE

• Applicability of Employees’ Provident Funds & Miscellaneous Provisions Act, 1952
• Applicability of an employee
• Rate of EPF
• Compliance to be done:
• Annual Returns

BOOKKEEPING FOR FOR PROFESSIONAL TAX

• Applicability of Professional Tax

FOR EMPLOYEE STATE INSURANCE

• Applicability of ESIC Act
• Rate of ESIC
• ESIC Compliance
• Annual Return