Payroll MIS in Mumbai

Most recurring packs can be outsourced once monthly inputs and portal access are in place. Our Mumbai team also accounts for Maharashtra practicalities.

We prioritise catch-up filings and document any late-fee exposure before submitting. Our Mumbai team also accounts for Maharashtra practicalities.

Yes — every company incorporated under the Companies Act needs a statutory audit each financial year regardless of turnover, including a dormant first year. LLPs only need an audit once turnover or contribution crosses the prescribed limits.

From the first transaction, including pre-incorporation expenses reimbursed to founders. Clean books from day one are what make audit, ITR, GST reconciliation, and investor diligence uneventful later.

Yes, as salary or as directors remuneration, provided it is authorised, documented, and run through payroll with TDS where applicable. Ad-hoc withdrawals recorded as loans or reimbursements are a common source of audit and diligence problems.

Expenses genuinely incurred for the business — salaries, rent, software, professional fees, marketing, and depreciation on assets — are deductible when supported by invoices and paid through the business account. Personal spends routed through the company and cash payments above the prescribed limit are the usual disallowances.

PF applies once you cross the prescribed employee count, and ESI applies at a lower count for employees within the wage ceiling, with some state variation. Once registered, monthly contributions and returns continue even in months with no additions.

Professional tax is a state levy, so applicability depends on where you operate and employ people — Tamil Nadu, Karnataka, and Telangana all levy it. It usually needs both an employer registration and an enrolment, with periodic returns.