Dear experts, I'm interested in understanding
1. Accounting and taxation
2. Employment law
that pertain to operating a staffing business based in India serving customers registered in India and abroad.
My intentions to do so are
1. to understand the total cost of doing business, crunch numbers and understand business margins before entering into agreements.
2. to avoid doing something illegal or attracting fines and penalties for noncompliance.
⢠How can I learn about this?
⢠Can I handle it myself? We are still <1Cr.
⢠Who are the right people to help me with this?
⢠Is it advisable to bring such advisors on the board for this purpose?
Thank you so much for taking the time to answerš š
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Sudhir Suguru
12/18/2022, 3:51 PM
Very interesting topic @Saravana Ganesh. To answer this, you need to get Indian labour law compliance if you have any employees on your payroll, leave policies, PF, ESI, licence from shops and establishments, many more to go.. happy to connect further
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Karthik I
12/19/2022, 3:01 AM
@Saravana Ganesh taxation will be the same across in line with the income tax acts, Employment law is governed by the Shops and dispute act specific to the sates you operate in . You might want to get connected to a labour consultant to help if you are trying to set up office in other locations to help with the registrations and compliance related aspects.
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Saravana Ganesh
12/19/2022, 4:32 AM
Thank you so much @Sudhir Suguru Inboxing you.
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Saravana Ganesh
12/19/2022, 4:33 AM
@Karthik I thank you. Any labour consultants you can recommend?
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Karthik I
12/19/2022, 4:34 AM
you can try Aparajitha have worked with them and good, they are based Pan India too
https://www.aparajitha.com