Services

We render payroll services, payroll and statutory compliance services to our customers. Some of the services that we offer in the area of Payroll Statutory compliance services are :

Complete handing of all procedures related to Provident Fund, Profession tax, etc. including generation of the forms,

• Tracking of the contribution of the individual employees, income tax planning vis-a-vis PF contributions, etc.
• Complete statutory compliance related to payroll including those related to Income tax filings including e-TDS returns, etc.
• Seamless integration of the payroll related data with the accounting system
• Web based password protected access to each of the employees.
• Generation of MIS reports related to payroll, employees, etc. which will go a long way in helping the Top Management in controlling manpower costs.
• Seamless incorporation of the accounting entries related to payroll, into the TALLY or any other accounting system.
• Complete access to the Individual employees who can view details of the salary break up, advances, FBT, etc.
• Issuance of Form 16s, filing of periodical forms with the Government, etc. in an absolutely seamless manner.

Time to Minimize your Risk to Ensure Compliance with Regulation

V2Sservices is widely known as a well-to-do payroll management company in Bangalore that helps in keeping the track of changes that are required for regulations and updates its clients with the prospective to ensure the processing of the compliances. We offer a range of payroll statutory compliances and labor law compliances services.

Get the best Statutory Compliances Service

Companies can be either big or small but all need accomplishment of statutory laws and regulation that help in keeping the business out of all the legal troubles and help in avoiding penalties. We make the necessary step to track the challenging government norms and regulations that with the passage of time becomes tougher. Our services are going to strengthen your company in facing the challenges but are not limited to PF, ESIC, Profession Tax, Labour Welfare Fund and other statutory deduction that is applicable for any organization. Our experts are highly dedicated to the legal compliance management team that helps in keeping the track of changing laws and even update the company’s norms with the prospective to manage the regular monthly activities. With the use of the service, companies can minimize the risk that is associated with non-compliance.

Labour law compliances refer to the set of accepted terms or conditions related to employment that is integrated with several regulatory compliances which include minimum wages acts, workmen compensation act, contract labor acts, factories act, etc. Some laws and acts need to be complied with the business or face punitive action. Moreover, laws are at the central level and are implemented by the state government in your business.

Services Offered

V2Service is related to HR statutory compliances management as well as labor law compliances services. We offer the service related to the calculation and deduction of all of the statutory payments like TDS, PF, PT, ESIC, and LWP. With our payroll management system in Bangalore, we help our customers in uploading data on their respective websites and even support the generation of challans. The process of filing transfer and withdrawal forms for provident funds is even executed by our trained and professional team. They even complete the process of filing returns with the government agencies and many more.

Activities Covered by Us

• Registration and renewal process recorded by shop and establishment registration, CLRA licenses, Provident funds, ESI, PT registration, and factory licenses.
• Recurring compliance service accomplishes filing o remittances, filing of returns, maintenances of registration, and assistances in inspections, hearings, notices, and summons.
• Audit services are concerned with one-time on-premises audit, self-certification audit, clearance of inspection & non-compliances (NC), and due diligence services
• POSH services are related to assistance in drafting policies and creation of the framework, assistance with ICC formation, along assistance in handling cases and inquiries.
• UAN updating: In this service calculation and deduction of the respective statutory dues and preparation of the statutory report and register is accomplished and preparation of professional tax reports concerning different states is marked. Moreover, preparation of requisite challans and filing of monthly, half-yearly, annual, and random returns. Collation and compilation of the employee's document for registration, nomination, transfer, withdrawal, pension, liaison along with statutory bodies.