Navigating Statutory Returns in IT/BPO: What Needs Filing and Where?

desaisiddharth09
Dear All, can anyone provide me with a statutory checklist for monthly and annual returns required in IT or BPO companies? For example, for PF, PT, ESIC, LWF, Payment of Wages, Bombay Shop & Establishment, Payment of Bonus, Maternity Act, and Minimum Wages.

Statutory Requirements for Remittance

I would also like to know which statutory requirements can be remitted from the head office and which need to be remitted from each branch in different states.

Regards, Siddharth
Madhu.T.K
Returns Required for IT and BPOs

Returns required to be furnished by IT and BPOs are the same as applicable to other industries. There are checklists available on this site itself. Please get it.

Of various payments, license or registration renewal fees payable under the Shops Act are a state subject and vary from state to state; hence, separate remittances for different locations are required to be made. Similarly, profession tax is also a state subject that should be paid to the respective Municipality/Gram Panchayat where the office/branch is functioning. Minimum wages also differ from state to state, and the wages should be fixed accordingly. At the same time, payment of wages can be centralized, and even the Provident Fund and ESI can be remitted centrally for different locations.

Regards,
Madhu.T.K
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