Stay Compliant and Stress-Free
Don't get lost in the maze of labor laws. Paybooks keeps you up-to-date and compliant
Outsource calculations of employee and employer PF, generation of challans and timely deposits
Paybooks is the Payroll Solution Choice of 3,000+ Leading Companies
Paybooks is the Payroll Solution
Choice of 3,000+ Leading Companies
Paybooks is the Payroll Solution
Choice of 3,000+ Leading Companies
We calculate employee and employer ESI contributions, generates and files the ESI returns
Manage professional tax with ease, regardless of where your employees are located
Happy Stories of Delighted Paybooks Users
Dr. Suresh Patil
Happy Stories of Delighted Paybooks Users
Stay compliant with minimum wage requirements, working hour regulations, leave policies and more
Paybooks handles all aspects of LWF management, from calculating contributions and generating challans to ensuring timely payments and maintaining accurate records of various funds like PF, ESI, and LWF
Frequently Asked Questions (FAQs)
Statutory compliance in payroll refers to the legal obligations a business must meet while processing salaries — covering minimum wages, working hours, leave rules, employee benefits, and statutory contributions so salary processing stays lawful and consistent.
In India, payroll statutory compliance covers Income Tax (TDS), Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), and Labour Welfare Fund (LWF) — along with related filings, payments, and record-keeping requirements that vary by state and employee category.
Paybooks standardises compliance calculations, generates required filings, and keeps records organised — so teams track obligations clearly, deadlines are met, and the risk of penalties from missed or incorrect compliance is significantly reduced.
Paybooks’ PF compliance covers employee and employer contribution calculations, challan preparation, deposit tracking, and accurate PF records — ensuring PF obligations are met each month without manual follow-up.
Paybooks generates compliance reports for PT, TDS, PF, and ESI — structured so teams can view, download, and use the data for filings, internal audits, and compliance checks without manual data collation.
Payroll and compliance are connected but distinct. A standalone payroll process can still miss statutory deadlines, apply outdated slabs, or produce incorrect filings. Paybooks’ compliance module keeps these steps structured, updated, and audit-ready — reducing risk that basic payroll processing alone can’t eliminate.
Non-compliance carries real financial risk. Late PF deposits attract interest at 12% per annum plus damages between 5% and 25% of arrears — the rate increases with the duration of default. ESI defaults carry penalties and potential prosecution. TDS defaults attract interest, a penalty equal to the tax amount, and in serious cases, prosecution. Paybooks keeps these obligations on track so penalties stay off the table.
