The compliance requirements for payroll services

Compliance requirements for payroll services encompass various legal, financial, and procedural obligations to ensure accurate and lawful payroll processing.

Provident Fund (PF) Compliance:

• PF Contributions: Deduct and contribute to PF as per the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
• PF Returns: File monthly PF returns using Form 5, Form 10, and Form 12A.Annual Returns: File annual returns in Form 3A and Form 6A.
• Employee State Insurance (ESI) Compliance:
• ESI Contributions: Deduct and contribute to ESI as per the Employees' State Insurance Act, 1948.
• ESI Returns: File monthly ESI returns.
• Professional Tax (PT) Compliance:
• PT Deduction: Deduct professional tax from employees' salaries as per state laws.
• PT Returns: File monthly, quarterly, or annual PT returns based on state regulations.
• Labour Law Compliance:
• Minimum Wages: Ensure payment of minimum wages as per the Minimum Wages Act, 1948.Payment of Wages: Comply with the Payment of Wages Act,