Understanding Statutory Compliance: Why It's Crucial for Your Business Operations

What is statutory compliance? Provide information regarding statutory compliance.

Statutory compliance refers to the legal framework within which organizations must operate, ensuring that they adhere to all relevant laws and regulations in their operations. It encompasses various aspects such as labor laws, taxation regulations, environmental laws, and more. Ensuring statutory compliance is crucial for businesses to avoid legal repercussions and maintain ethical practices in their operations. Organizations often have dedicated teams or departments to oversee and ensure compliance with these laws and regulations. Regular audits and assessments are conducted to monitor and uphold statutory compliance effectively.

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DATE & MONTH WISE NAME OF THE STATUTE FORM NAME OF RETURN/COMPLIANCE TO BE SENT TO

5-Jan-08 EXCISE Payment of Central Excise Duty - Dec 2007.

7-Jan-08 INCOME TAX Payment of Tax deducted & Tax Collected - Dec 2007.

10-Jan-08 EXCISE Filing of monthly returns of Central Excise - DEC 2007.

15-Jan-08 INCOME TAX Payment of Advance Fringe Benefit Tax - QTR ENDING- DEC 07

15-Jan-08 INCOME TAX Filing of Form 24Q, 26Q for the October - December Quarter.

25-Jan-08 DVAT Payment of tax & e-filing of return- DVAT 16

5-Feb-08 EXCISE Payment of Central Excise Duty- JAN 2008.

5-Feb-08 SERVICE TAX Payment of Service Tax - Jan 2008

7-Feb-08 INCOME TAX Payment of Tax deducted & Tax Collected - JAN 2008.

10-Feb-08 EXCISE Filing of monthly returns of Central Excise - JAN 2008.

25-Feb-08 DVAT Payment of tax & e-filing of return- DVAT 16

5-Mar-08 EXCISE Payment of Central Excise Duty - February 2008.

5-Mar-08 SERVICE TAX Payment of Service Tax - February 2008.

7-Mar-08 INCOME TAX Payment of Tax deducted & Tax Collected - FEB 2008.

10-Mar-08 EXCISE Filing of monthly returns of Central Excise - Feb. 2008.

10-Mar-08 EXCISE Filing of monthly returns of Central Excise for the month of- March 2008.

15-Mar-08 INCOME TAX Payment of Advance Tax - Last Installment.

15-Mar-08 INCOME TAX Payment of Advance Fringe Benefit Tax - Last Installment.

25-Mar-08 DVAT Payment of tax & e-filing of return- DVAT 16

5-Apr-08 EXCISE Payment of Central Excise Duty - Mar 2008.

5-Apr-08 SERVICE TAX Payment of Service Tax - Mar 2008.

7-Apr-08 INCOME TAX Payment of Tax deducted & Tax Collected - MAR 2008.

25-Apr-08 DVAT Payment of tax & e-filing of return- DVAT 16

25-Apr-08 SERVICE TAX Filing of Service Tax Return for the Half year ending 31.03.2008.

5-May-08 EXCISE Payment of Central Excise Duty- May 2008.

5-May-08 SERVICE TAX Date for payment of Service Tax - May 2008.

7-May-08 INCOME TAX Payment of Tax deducted & Tax Collected - May 2008.

10-May-08 INCOME TAX Filing of monthly returns of Central Excise- May 2008.

15-May-08 INCOME TAX Payment of First installment of Advance Tax in companies

15-May-08 INCOME TAX Date for payment of First installment of Fringe Benefit Tax - companies

25-May-08 INCOME TAX Payment of tax & e-filing of return- DVAT 16

5-Jun-08 EXCISE Payment of Central Excise Duty - May 2008.

5-Jun-08 SERVICE TAX Payment of Service Tax - May 2008.

7-Jun-08 INCOME TAX Payment of Tax Deducted & Tax Collected in the month of May 2008.

10-Jun-08 EXCISE Filing of monthly returns of Central Excise - May 2008.

15-Jun-08 INCOME TAX Quarterly return for the Quarter ending Jan-Mar

15-Jun-08 INCOME TAX Payment of First installment of Advance Tax in case of companies

15-Jun-08 INCOME TAX Payment of First installment of Fringe Benefit Tax in case of companies

25-Jun-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

5-Jul-08 EXCISE Payment of Central Excise Duty - June 2008.

5-Jul-08 SERVICE TAX Payment of Service Tax - June 2008.

5-Jul-08 SERVICE TAX Payment of Service Tax for the quarter (April to June) - non-corporate

7-Jul-08 INCOME TAX Payment of Tax Deducted & Tax Collected June 2008.

10-Jul-08 EXCISE Filing of monthly returns of Central Excise - June 2008.

15-Jul-08 INCOME TAX Date for filing of Form 24Q, 26Q for the quarter ending June.

25-Jul-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

31-Jul-08 INCOME TAX Filing of return of income for the A.Y 2007-08 for non-corporate non-audit assesses

31-Jul-08 INCOME TAX Filing of return of Fringe Benefits for the A.Y 2007-08 for non-corporate non-audit assesses.

5-Aug-08 EXCISE Payment of Central Excise Duty - July 2008.

5-Aug-08 SERVICE TAX Payment of Service Tax - July 2008.

7-Aug-08 INCOME TAX Payment of TDS deducted & TCS Collected - July 2008.

10-Aug-08 EXCISE Filing of monthly returns of Central Excise - July 2008.

25-Aug-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

5-Sep-08 EXCISE Payment of Central Excise Duty - August 2008.

5-Sep-08 SERVICE TAX Payment of Service Tax - August 2008.

7-Sep-08 INCOME TAX Payment of TDS deducted & TCS Collected in the month of August 2008.

10-Sep-08 EXCISE Filing of monthly returns of Central Excise - August 2008.

15-Sep-08 INCOME TAX Payment of Second Installment of Advance Tax in case of Companies

15-Sep-08 INCOME TAX Payment of Advance Fringe Benefit Tax (CORPORATE assesses)

15-Sep-08 INCOME TAX Payment of Advance Fringe Benefit Tax (Firms)

15-Sep-08 INCOME TAX Payment of First Installment of Advance Tax in case of Non-corporate assesses

25-Sep-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

5-Oct-08 EXCISE Payment of Central Excise Duty - September 2008.

5-Oct-08 SERVICE TAX Payment of Service Tax - September 2008.

7-Oct-08 INCOME TAX Payment of TDS deducted & TCS Collected - September 2008.

10-Oct-08 EXCISE Filing of monthly returns of Central Excise - September 2008.

15-Oct-08 INCOME TAX Filing of Form 24Q, 26Q for the July - September Quarter.

15-Oct-08 INCOME TAX Advance fringe benefit tax for QTR ending Sept 2008

25-Oct-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

25-Oct-08 SERVICE TAX Filing of Half yearly return under Service tax laws.

31-Oct-08 INCOME TAX Filing of Income tax and FBT return for the year ended 31st Mar 2008

5-Nov-08 EXCISE Payment of Central Excise Duty for the month of October 2008.

5-Nov-08 SERVICE TAX Payment of Service Tax for the month of October 2008.

7-Nov-08 INCOME TAX Payment of TDS Deducted & TCS collected in the month of October 2008.

10-Nov-08 EXCISE Filing of monthly returns of Central Excise for the month of October 2008.

25-Nov-08 SALES TAX Payment of tax & e-filing of return- DVAT 16

5-Dec-08 EXCISE Payment of Central Excise Duty - November 2008.

5-Dec-08 SERVICE TAX Payment of Service Tax - November 2008.

7-Dec-08 INCOME TAX Payment of TDS Deducted & TCS collected, November 2008.

10-Dec-08 EXCISE Filing of monthly returns of Central Excise - November 2008.

15-Dec-08 INCOME TAX Payment of Third Installment of Advance Tax in case of Companies

15-Dec-08 INCOME TAX Payment of Second Installment of Advance Tax in case of Non-corporate assesses

15-Dec-08 INCOME TAX Payment of Third Installment of FRINGE BENEFIT TAX in case of Companies

15-Dec-08 INCOME TAX Payment of Second Installment of FRINGE BENEFIT TAX in case of Firms

25-Dec-08 SALES TAX Payment of tax & e-filing of return- DVAT 16