Statutory Compliance

Who Needs This Service

Every company needs statutory compliance support, but it is particularly valuable for businesses with multiple registrations and licences, such as manufacturers with factory and labour registrations, food businesses with FSSAI licences, importers and exporters with IEC and customs requirements and companies with employees under PF and ESI.

Founders who handle compliance themselves often find that deadlines from different laws collide, and that a missed GST return or TDS filing can have knock-on effects. A single coordinated compliance plan removes this risk.

If you are raising funds or preparing for due diligence, a clean statutory compliance record is expected by investors. A compliance gap discovered late can delay or reduce valuation.

If you are not sure which obligations apply to your business, a short review of your registrations and activities produces a tailored list.

Key Benefits

• One compliance calendar across company law, tax and sector licences
• Fewer missed deadlines and penalties
• Coordinated filings by one team
• Investor-ready compliance record
• Regular reminders and review of changes in law

Next Steps & Related Services

After setting up the calendar, review it each quarter and after any change in business.

Related services: Annual Compliance, ROC Compliance, GST Return, TDS Return and Income Tax Return.

Common Mistakes

• Handling company, tax and sector compliances separately with no shared calendar.
• Ignoring licences that carry their own annual returns.
• Missing small deadlines like DPT-3 or MSME-1.
• Not keeping minutes and registers up to date.
• Relying on memory instead of a tracked calendar.

Timeline, Costs & Practical Tips

Typical annual anchors are 30 June (DPT-3), 30 September (AGM), 31 October (ITR-6 for audit cases) and 31 December (GSTR-9). Costs depend on the number of filings and licences.

Practical tip: build the calendar once at the start of the financial year and review it every quarter.

Additional Information

The Companies Act, 2013, the Income Tax Act, 1961 and the Central and State GST Acts together create a layered compliance system for companies. Each law has its own authority, forms and deadlines, and they interact: for instance, financial statements filed with the Registrar should reconcile with income tax and GST returns. This is why a coordinated approach is valuable, since inconsistencies between filings can trigger queries from authorities.

Practical Scenarios

Scenario 1:

A manufacturing company with GST, TDS, PF and ESI registrations wants one compliance calendar across all its laws.

Scenario 2:

A growing startup finds that its accountant files tax returns while another adviser handles ROC forms, and wants coordination.

Scenario 3:

A company preparing for due diligence reviews its statutory compliance to find and fix gaps.

Practical Guidance

Statutory compliance becomes manageable when each law is mapped to an owner and a date. For a typical private company, the Companies Act drives Board meetings, the AGM and ROC filings; the Income Tax Act drives advance tax, TDS and the annual return; and GST drives monthly or quarterly returns. Sector licences add their own renewals and returns, such as FSSAI Form D-1 or PF and ESI. The value of a combined calendar is that it reveals clashes, for example a GST return, a TDS deposit and a PF payment all falling in the same week, so resources can be planned in advance.

Another practical point is reconciliation. The turnover in GST returns, the revenue in audited accounts and the income in the tax return should tell the same story. When they do not, authorities may ask questions. A quarterly review in which the accountant compares these figures is far cheaper than responding to a notice. Companies should also keep statutory registers, minutes and resolutions up to date, because these are the first documents requested in due diligence, bank reviews and inspections.