Statutory Compliance
ACHARY TAX AND BUSINESS CONSULTANCY (LAW & TAX FIRM) - Call us +91 9704191769 ( vizag ) , 8280192187 ( bam )
Statutory Compliance
Statutory compliance relates to the various acts and rules ( Goods and Services, Income Tax, Customs, Central Excise, VAT, CST, Banking Regulation, RBI, Companies, Factories, Boilers, Labour laws, etc ) prevalent on state level and national level in India. It is mandatory for industrial undertakings, marketing undertakings, financial undertaking and service undertaking to obey them. Non-compliance with statutory rules, regulations and acts leads a undertaking into legal trouble such as penalties, fines, etc.
Hence statutory compliance is very important for sole proprietorship, partnership, limited liability company, one person company, private limited company and public limited company and must be given a due consideration.
We assist to review statutory records, forms, returns and any other documents filed with Statutory Authorities under various laws , verify the statutory and regulatory compliances and also take care of registrations, renewals, and record maintenance. We handle document submissions and remittances.
We support in computing monthly ESI and PF contributions and generate reports and deposit ESI, PF, Professional Tax and TDS online.
We assist in calculating and deducting statutory dues if any and help to compile and process employee documents of registration, nomination transfer, withdrawal, submission of pensions etc.