Ways To Make Your Payroll Process Compliant And Error Free
It is indeed a challenge for every organization to meet the regulatory requirements in terms of compliance. There are many government related taxes that are levied with regard to the monthly payroll for employees and in turn the organizations. The acts and laws that relate to statutory compliance also witness many changes due to changing governments. It is a mandate that every organization needs to comply with the regulations and frameworks posed by the government. The various taxes that are related to organizations include sales tax, VAT, Income Tax, and Service Tax and so on. The rules and clauses that related to each of these taxes are complex in nature.