Datrax’s statutory compliance services are precisely what businesses need to become more effective and well-managed. By letting Datrax handle all the items on the statutory items checklist, a business entrepreneur or management team can focus entirely on managing the business and making it successful. If a company or organization does not take care, it is exposed to what is called as compliance risk.
Why should you think of outsourcing statutory compliance services needs? A bunch of rules and regulations governs the world of business. To top it all, there are rules and regulations laid down by the central as well as state government. These are also bound to change from time to time based on government decisions. Any organisation or business has got two important facets. The first is the internal governance or management. Datrax can guide, support and assist you through its governance risk and compliance.
The second is the external compliances like legal and HR compliances. Here too, Datrax can make a big difference.
Datrax can manage all the compliance solutions activities for your business or organisation.
Any business or organisation is bound to employ people. This is when HR compliance needs come into the picture. Provident Fund (PF), Employee State Insurance (ESI), Professional Tax management and Employee Welfare Fund management are the most important topics under HR compliances.
The next logical step for a business or organisation employing people and that means salary payments. Datrax’s payroll compliance service ensure that salaries are accurately computed and readied for payment on a timely basis. Paying salaries correctly on time shows the organisation or business in a great light to its employees who in turn are motivated to perform to the best of their ability.
Apart from the Acts mentioned above like the Factories Act, examples of other Acts coming under Labour Law are Minimum Wages Act of 1948, Payment of Bonus Act 1965, Payment of Gratuity Act 1965 and the Equal Remuneration Act of 1976. With Datrax by your side, you need not to worry about these Acts, as we are always at the forefront of all modifications and changes. We will make sure that you are entirely on the right side of law and legality at all times.
All our team members are well-versed and experienced in the compliance domain. Not only being experienced, but they are also up to date and armed with the latest information in this critical domain. In an ever-changing scenario, experience along with being informed of the latest information translates into a full value and advantage to any business or organisation.
With branches and associates all over India, you don’t have to look for different HR service providers across the country. We can serve your organisation and its branches all over India.
With a comprehensive range of services like compliance audit, gap analysis, solution recommendations, registrations, renewals and records maintenance, no nook or corner of your compliance needs and requirement are left uncovered. We also take care of closures, digital register maintenance, liaising with authorities concerned, form submissions and remittances. Combining all these, we update and release reports on a regular and timely basis. One of the bedrocks of this dimension of our service is that we have developed and maintain a very good rapport and relationship with all local and state authorities who are always ready to extend us their guidance, support, and cooperation.
Last but not least, our data processing software and capability is of the highest order. Our automated systems produce the most accurate data which then is again re-checked by our auditors. This ensures the top of the class data structure and accuracy for your business or organisation.
Outsource your Statutory Compliances to an experienced associate like Datrax can ensure that you fully complaint in your statutory compliances.