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Companies are accountable for effecting deductions on account of EPF, ESI, Professional Tax, Income Tax and Labor Welfare Fund from employees earnings based on prevailing rules and deposit amount deducted to respective agencies within a specific window. Apart from this, Payroll Processor has to prepare returns and reports and submit on a monthly/ quarterly/half-yearly/annually basis, as specified by the concerned agencies. There are 5 very important statutory commitments as far as payroll is concerned

Simplify Statutory Compliance

 

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