Paying income tax on time is the responsibility of each eligible citizen of a country. If an individual fails to pay the income tax on time, then there are some penalties.
Penalty Charges:
The maximum penalty for filing a late income tax return is INR 10,000 (depends on the annual income). ... Views: 309
Spectra provide end-to-end Payroll and HR Labour Compliances Services to SMEs and MNC corporates on a PAN India basis. Spectra's payroll and compliance team consist of qualified and experienced professionals from varied backgrounds to provide real-life solutions. Our methodology is to understand ... Views: 419
All businesses with employees have some sort of payroll system in place to get their staff paid. Instead of processing it on their own, many companies opt to appoint firms providing payroll outsourcing services to make this process more accurate, convenient, and simpler. Managing and handling ... Views: 371
As a business owner, you’re always busy maximizing your production and performance. Certain aspects of running a business need real-time and cost constraints that can keep you away from focusing on your core business needs. One of the areas that require your full attention is your finance ... Views: 444
Human resources are the backbone of many small businesses, but it becomes a heavy burden when it comes to managing it! This side of the business becomes ignorant especially when things are running smoothly. Employee payroll, tax filing, administering health benefits, and ensuring a productive ... Views: 413
Spectra possess all the necessary, relevant, and updated resources to provide cost-effective and high-quality accounting and business process outsourcing services.
We provide assistance for a wide range of finance and accounts processes from bookkeeping to accounting solutions and ... Views: 557
Accounts Receivable
Managing cash flow for meeting the company’s working capital requirements is always a prime focus for every organization to ensure seamless finance operations. To forecast the future working cash flow, it is important to know at any given point of time the status of ... Views: 386
Spectra has a strong team of accounting professionals with core competencies in setting up centralized accounting processes & their management thereof. We develop tailor-made accounting processes, systems, and controls based on the Client's requirements. Our business approach is to create a ... Views: 363
To run an organization whether it is for-profit or non-profit or social or any other purpose, it necessarily requires definite policies, process, and bylaws which shall be in line with the existing geographical, social, legal framework and economic factors. To run an organization HR policy, ... Views: 386
We often suggest our customers for periodic ‘Labour Compliance Audit to ascertain all hidden/probable compliance risk so as to minimize compliance risk and to take corrective actions.
Spectra ‘ Labour Compliance Audit Services aims to simplify the ‘Labour regulations under the Government of ... Views: 417
Managing Labour Law Compliances under the Federal structure of governance is not an effortless task. The numerous labor legislation and frequent changes in labor laws in every state due to changing social and economic environment have made it more difficult to keep abreast with all labor laws ... Views: 434
Spectra provides a software licensing and delivery model is popularly known as software as service (SAAS) in which software is licensed on a subscription basis and hosted on the cloud. Where a company is not interested in off-site payroll outsourcing for any internal reasons may opt for software ... Views: 427
Payroll Management is an integral function of the HR Department, however, the intricacies involved in payroll processing require not only core HR expertise but also requires a blend of Tax expertise and technology platform to ensure confidentiality, data security, timely delivery, and accurate ... Views: 415
Nowadays, payroll service is very important for every company. All organizations with representatives run a type of finance so as to get their staff paid. In today’s world, the online method is used for payroll service which makes the process simpler and more convenient for everyone.
You have ... Views: 611