Payroll compliance is not just about paying employees on time. Employers must also ensure that EPF, ESI, TDS, Professional Tax and other applicable statutory payments and returns are completed within the prescribed deadlines.
Missing a statutory deadline can result in interest, late fees, damages, penalties and compliance issues.
Key Payroll Compliance Areas
- EPF: Monthly contribution payment and ECR filing within the prescribed due date.
- ESI: Monthly contribution payment within the prescribed deadline.
- TDS: Deduction, payment and quarterly TDS return filing as applicable.
- Professional Tax: Payment and return filing according to the applicable State requirements.
- Payroll Records: Maintain salary registers, attendance, wage records and statutory documentation properly.
- Employee Compliance: Ensure accurate UAN, ESI, KYC, joining, exit and other employee records.
SFC Payroll Compliance Support
Sharveen Finedge Consultants (SFC) helps businesses manage payroll and workforce statutory compliance through EPF, ESI, Labour Law, Payroll Processing, TDS and related compliance support.
A properly maintained compliance calendar helps businesses avoid missed deadlines and maintain accurate statutory records.