Payroll Compliance


A significant amount of time, effort and resources may or may not ensure adherence to payroll and statutory compliances in a payroll (compliance) audit. Non-compliance of statutory wages, social security of workers could lead to financial implications of the company or a risk of prosecution among other issues.

Not adhering to Employee Provident Fund (EPF) /Employee State Insurance (ESI) could cause significant damage to the reputation of the company apart from heavy penalty and damages.

TeamLease with its proven expertise, adequate skill sets, PAN-India presence, and well-defined process and with appropriate technological support could facilitate Payroll Compliance Services (PCS).

We ensure employers are complied with, in the following statutory compliance.

Services at a Glance

Social Security/ Industrial Relations

Avantis ESI

Employees’ State Insurance Act, 1948

Avantis EPF

Employees’ Provident Fund and Miscellaneous Provisions Act, 1952

Avantis Professional Taxs

Employee Compensation Act, 1923

Avantis labour welfare fund

Payment of Gratuity Act, 1972

Wages 

Avantis minimum wages

Minimum Wages Act, 1948

Avantis payment-wages

Payment of Wages Act, 1936

Avantis payment-wages

Payment of Wages Act, 1936

Others/ State Specific Acts 

Avantis minimum wages

Industrial Establishment (National Festival) & Holidays Act 1963

Avantis payment-wages

Labour Welfare Fund, 1953

Avantis payment-wages

Tax on Professions, Trades Callings & Employments

Equality and Empowerment of Women

Avantis minimum wages

Sexual Harassment of Women at Work (PP & R) Act, 2013

Avantis payment-wages

Equal Remuneration Act, 1976

Avantis payment-wages

Maternity Benefit Act, 1961

Did you know? 

Avantis minimum wages

First time employees hold the option to opt out of EPF and EPS subject to PF wage higher than 15K per month

Avantis payment-wages

According to the ESIC Scheme there is that no upper limit of medical expenses is capped, if ESIC hospital does not have required then ESIC can refer such patients to private hospital having such facilities and reimburse the bills directly to the service provider hospital

Avantis minimum wages

Pension allowed to defer for a maximum of 2 years (60 Years) - 4% additional pension will be paid for every year of defer. Early Pension application allowed from the Age of 50 years before completing the age of 58 years

Avantis payment-wages

Nepal and Bhutan nations will not be treated as International Worker for EPF enrolment purposes

Why Outsource? 

Outsource
  • Avoid any litigation due to non-compliance
  • Timely compliance and adherence to labour laws
  • Keeping up with the changing government regulations and reducing penalties
  • Lowering HR administration cost
  • Maintaining total control over the company, as an employer
  • Real-time updates related to the changes in current practices
  • Authoritative guidance in cases of ambiguity