Get Most Effective Payroll Outsourcing Services in India

We have been using the Payroll Outsourcing services in India of Remunance since April 2008. We have a team of 50 employees located at 2 branches, Mumbai & Pune. – Even though we are a SME we are extremely satisfied with the services we are getting from EXL. The services are timely, accurate, flexible to adapt to changes and personalized – Palak Jhunjhunwala – Head of Business.

– Anibrain Digital Technologies Pvt. Ltd.

Statutory and Compliance Management Services

Statutory laws in India are evolving gradually and in such a case it requires an expert to make sure that a business is compliant with all the state and the central laws that governs it. Failure to comply with these may lead to legal issues, hence hampering the day to day working of the business. Remunance System Pvt. Ltd. offers a simple alternative of outsourcing the statutory compliance related services for payroll so that your business can run without any legal complications.

Benefits of outsourcing compliance

Following are some of the advantages of outsourcing compliance services:-

  • Easy and real time access to records which are maintained centrally
  • Allows you to develop excellent rapport with all the local state authorities
  • Leads to the reduction of litigation as well as associated incidental cost
  • Consents sound corporate governance
  • Crafts ethical practices in the organization
  • Appraising the clients about the labor laws related statues from time to time and be in adherence to any latest amendments in the law without any delays

  • Activities Covered under statutory compliance management

    Following are the activities that are covered under statutory compliance management:-

  • Preparation of statutory registers/reports
  • UAN updation in Payroll
  • Preparation of the professional tax report as per the state laws
  • Calculation and deduction of the various statutory dues
  • Registration of a company with professional tax, provident fund, labor welfare fund authorities, professional tax
  • Preparation of monthly, quarterly, half yearly and yearly returns

  • Payroll Related Compliances

    Payroll compliance is a hefty and voluminous task and consumes a lot of time in managing the compliances related to ESIC, EPF, Labor Welfare Fund and Professional Tax. There needs to be a dedicated department to deal with the ever changing payroll compliances and therefore it makes sense to outsource the work to specialist like us who breathe in and breathe out payroll compliance. Following are some of the payroll related compliances that Remunance can help your business’s HR Organization:-

  • Providing all the returns for creating employees and for remitting PF Payments
  • Preparation of data, uploading it online to generate the challan
  • Computation of the PF, its eligibility and the remittance details

  • Our scope of work

    After signing the deal, we first asses the current state of statutory compliance in your organization as per the check points laid down by the central and the state government that govern your business. We discuss our findings with your client’s management and do give our value added suggestions. We also ensure 100% compliance with the rules shared by your management from time to time.

    We have clients of various sizes (small, medium and large MNCs) and therefore we are well aware of all compliance requirements of all organizations and make out next efforts to ensure that our clients are fully compliant and are not carrying any risk of not knowing the compliance requirement.