Understanding the statutory reporting laws and regulations can be difficult, especially when each business and country has its own set of rules. The penalties for non-compliance might be severe.
TopSource Worldwide provides statutory compliance services across India, covering the following labour laws as applicable to your factory or establishment :
Monthly and quarterly filing required for Provident fund, ESIC, professional tax and labour welfare fund contributions Assisting employees in filling forms for PF withdrawal, loan, transfer, etc
Licence application/amendment/renewal
Maintenance of statutory registers, records, notices and returns as required under the statewise Shops and Establishment Acts
Liaison with Factories, Labour, ESI and PF authorities
Remittance of statutory payments
Continuous monitoring of contractor compliances
Nominations under different legislations
Exemptions under labour legislations
Benefits under labour legislations
Accident coordination activities
We also provide audits to review the current state of compliances.
Our clients benefit from outsourcing statutory compliance management in many different ways:
Ensure sound corporate governance
An increase in focus on strategic business areas
A reduction in the labour overheads
Timely compliance and adherence to all the different statutes and labour laws
Avoidance of all litigation and associated costs that may arise out of non-compliance
Complete and accurate maintenance all records that are relevant for compliance