Statutory Compliance

Statutory Compliance Software for Payroll

Configure PF, ESI, Professional Tax, LWF, Bonus, and TDS rules, then connect the applicable salary components to payroll calculations with Bizcompass.

Statutory Compliance

Create Professional Tax Rules for Your Payroll

Create and maintain Professional Tax rules based on your payroll requirements, including where the tax applies, which salary value is used for calculation, and whether the rule is configured as an amount or percentage.

Book A Demo
Tax
ESI

Configure ESI Rules for Employee and Employer Contributions

Configure ESI rules for employee and employer contributions, including the calculation basis, applicable limits, contribution settings, and additional payroll components that can be considered in the calculation.

Book A Demo
PF Bg

Configure Provident Fund Rules for Payroll

Set the Provident Fund rule used in payroll calculations, including the salary basis and calculation method required for the applicable PF setup.

PF

Maintain Labour Welfare Fund Rules by Frequency

Maintain Labour Welfare Fund rules according to the payroll requirements applicable to your organization, including the frequency used for the contribution.

Labour
Bonus

Configure Bonus Rules for Payroll Calculation

Define the bonus rules used in payroll, including how applicable leave types and available bonus calculation conditions are treated when the rule is configured.

Book A Demo
TDS Bg

Create and Maintain TDS Slabs for Payroll

Maintain the TDS slab structure required for payroll tax calculation, including income ranges, applicable tax rates, surcharge details, and other configured slab values.

TDS

Frequently Asked Questions

Statutory compliance in payroll involves applying the required tax, contribution, and labour-related rules to employee salary calculations.
Bizcompass provides configuration for Professional Tax, ESI, Provident Fund, Labour Welfare Fund, Bonus, and TDS slabs.
Yes. Bizcompass lets you create and maintain Professional Tax rules based on the payroll conditions required by your organization.
Yes. ESI configuration includes employee ESI, employer ESI, and employer ESI administration settings.
Yes. The PF configuration provides available options for the salary basis used for calculation, including actual and fixed values.
Yes. LWF can be configured with monthly, half-yearly, or yearly frequency options.
Yes. Bonus configuration allows applicable leave types such as paid, unpaid, or all applicable leave to be selected for the rule.
Yes. You can create TDS slab rules with the applicable income ranges, tax values, and available surcharge details.
Configured statutory rules can be connected to applicable salary headers so the required compensation components are included when payroll is calculated.