Statutory Compliance in HR

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Statutory compliance in HR is about following the law — PF, ESI, TDS, professional tax, gratuity, minimum wage, bonus act, maternity leave... the list is long. As a company, you’re legally required to deduct and deposit the right amounts, file returns on time, and maintain records.

It sounds complex — and it is, if you’re tracking it manually. That’s why most HR and finance teams use payroll software that’s updated with the latest rules, auto-generates reports, and alerts you before deadlines. It saves your team from penalties — and a lot of stress.

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Leave Management System

A leave management system helps track time-off requests, approvals, leave balances, and policy rules — all in one place, without chasing emails.

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CTC in Salary

CTC is short for Cost to Company. It includes everything you spend on an employee — from salary and bonuses to PF, insurance, and gratuity.

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TDS in Payroll

TDS is tax your company deducts from employee salaries based on income. It’s deposited with the government and recorded in Form 16.

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PF in Salary

PF is a savings fund that builds over time. Employers and employees contribute monthly, and the amount grows with interest until retirement or withdrawal.

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Gratuity in Salary

Gratuity is a one-time amount paid to employees who leave after 5+ years. It’s calculated based on last drawn salary and years of service.

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Payroll Cycle

From checking attendance to sending salaries — the payroll cycle includes every step HR follows to make sure salary processing runs on time.

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