What is statutory compliance?
Every business entities are covered under various acts like, Companies are covered under Companies Act, Partnership firms are covered under Partnership Act, Co-Operatives are covered under Co-Operative Societies Act, etc., shall comply with statutory requirements with respect to the specific acts and also other Acts like Goods and Services Act 2017, Income Tax Act 1961, etc.
What are those compliances?
Statutory compliances includes
- GST Return Filing
- TDS Return Filing
- PF & ESI Compliance
- Income Tax Return Filing
are few examples. These should be followed by business organizations to avoid other legal implications including late fees, penalty, etc.
What is the time limit?
Every compliances has its due date. Government has planned due dates in such a manner that its spread through out the month so that every compliances can be met without any clash in the dates.
We provide timely compliances on or before the due date to avoid the late fees, etc.
Get expert assisted compliance with us.