Payroll and statutory compliance

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Every country has its own set of labour laws that companies need to obey. Companies often face troubles associated with compliance with statutory requirements such as demands from trade unions, demands of unreasonable wages, and aggressive employees. Although a company does not have any intentions to break the law, it may face some legal troubles if it does not properly safeguard against non-compliance risks. Companies dealing with statutory compliance need to be updated frequently on all labour laws in their country It is also vital for the companies to adhere to those laws. Non-compliance with these regulations can put a company in the trouble with penalties and fines.

What can we do for your statutory compliance requirements?

To avoid such risks a company has to spend a good amount and resources to ensure all statutory compliance are on place. And companies must be aware and understand all the changes that occurred or occur to the labour and taxation laws. Besides, the companies have to incorporate the changes in statutory compliance in their organizations as the rules keep evolving. Mayvent Management give the best statutory compliance and payroll services in India.

We assist our clients to avoid the risk of non-compliance as we are experts in labour law and taxation. We provide specialized services to our clients. We have a deeper understanding of the regulatory setting and provide specialized services to our clients at national and international level


Compliance means adherence. Thus, Statutory Compliance means adhering to rules and regulations. Statutory Compliance in HR refers to the legal framework that an organization should adhere to in dealing with its employees.


To deal with statutory compliance, companies must be updated on all labour regulations in their country. In addition, it is mandated for the companies to follow all the laws and regulations.


Statutory Compliance means that all actions that an organization takes must adhere to the provisions set by the law. Therefore, processing employees' payroll and social security benefits must also comply with the relevant laws.


Payroll compliance or statutory compliance in India refers to the legal framework to which companies or organisations must adhere about the treatment of their workers or employees. These companies often invest a hefty sum in statutory compliance activities such as company audits.