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Office Location
Ma Foi House
Plot No. 3726, New no. 41
6th Avenue, Q Block
Anna Nagar, Chennai 600040
Payroll management services
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Compliance and Payroll
Compliance process outsourcing
As we live in a complex and highly dynamic business environment, every organisation needs to focus on its core business activities sharper than ever before and get all
the enabling functions running efficiently and reliably.
Ma Foi offers a range of statutory compliance services to help companies not worry about the fitness of the processes to ensure compliance with the laws of the land. Right from monitoring your Provident Fund, ESIC, Professional Tax, Labour Welfare Fund, compliance with Minimum Wages and TDS, we ensure that the organisation follows all the statutory provisions applicable for their respective industry sector, places of operation and nature of business.
Based on the organisation’s needs, we provide services of either preparation and maintenance OR supervision and audit of the statutory registers, remittances,
filing and audit documentation for the statutory requirements such as CLRA, S&E, Factory Acts.
- We have online systems which provide you real-time dashboards and reports to give a quick overview of the compliance status. Thus, we offer a bouquet of compliance services in one platform for you to choose.
- In case notices from statutory bodies are to be responded to, Ma Foi team offers its services starting from responding to those notices till giving the closure to the issues and realigning the business processes if any such change is required.
Ma Foi’s dedicated team of experts keeps track of the changing laws and updates the clients of the same besides adapting the processes to the changing environment. Our focus is to help our clients conform with all statutory requirements and manage the risks.
Payroll Compliances
Organisations need to pay the salary, bonus and variable pay to the employees, reimburse them the expenses incurred on business, deduct the right amounts from the pay towards statutory pay and taxes, remit the statutory dues on time. All of these tasks have to happen on time and accurately. Hence, we need a system that is reliable and transparent, also processes that work with speed and highest degree of accuracy, and that’s where payroll management services come into the play.
Ma Foi is known to offer commendable payroll services in India. We employ a reliable and fully-automated system that not only delivers speed and accuracy but also ensures compliance with the statutory requirements and timely payout of salaries and reimbursements to employees. payroll management services are SLA-bound and bear the spirit of continual improvement. We ensure that our payroll processing follows all the required standards of corporate governance and tax regulations.
This service is payroll and compliance end-to-end, includes the following:
Our end-to-end payroll services in India includes the following:
Providing a payroll tool with processing services,
Generation of Paysheet for the company to advise payouts,
ESS to provide payslips for employees, facility to declare theirs
investments for Income Tax, submitting proofs of Investments,
seeing the Tax calculations, getting the Form-16 and query resolution,
Generation of all statutory challans and remittance with filing of returns.
Location
We Serve
Chennai
As a business consultant in Chennai, we are ready to serve businesses in Tamil Nadu on short notice.
Mumbai
One of the busiest cities in the world, Mumbai serves as the ideal hub for us to operate from.
Hyderabad
You can avail the aforementioned services with us, one of the best business consultants in Hyderabad.
Bangalore
With its booming IT sector, we offer business consulting services to small-sized and medium-sized businesses in Bangalore as well.
Pune
As a business consultant in Pune, we are prepared to assist businesses in Maharashtra promptly.
Gurgaon
You can access our comprehensive services right here in Gurgaon, where we are dedicated to serving as your trusted business consultant.
Baroda
Nestled in the heart of Gujarat, Baroda provides us with an ideal location to serve our clients efficiently.
Kolkata
A vibrant city with a rich cultural heritage, Kolkata is where we extend our business consulting services to cater to the needs of small and medium-sized businesses in the region.”
Trusted by
world leading companies
Frequently Asked Questions
What is HR consulting?
HR consulting is a professional advise provided by a third party (HR Consultants) to expand and strategize the growth and development of a business more from HR perspective. HR Consultants support business owners in aligning their human resource to the business agendas in an engaging, meaningful, productive and efficient manner.
How are HR consultants important for a business?
HR Consultants can optimise the use of human resource leading to cost saving. They can help in setting a performance driven culture across the organisation to achieve the common goals; attract, engage, manage and retain human resource fairly and efficiently and built agility within the various facets of the HR system to support growth.
How should one choose an HR consulting firm?
It is always advantageous to choose a HR consulting firm with more than decade of experience and credible legacy. Look out for someone with an approach that focuses on customising solutions to suit your business needs considering the organisation’s culture and maturity level, flexible and determined with an ability to navigate to the goals.
What are the benefits of outsourcing HR services?
Some of the benefits of HR outsourcing are:
- Cost saving
- Increased efficiency
- Flexibility
- Improved systems to effectively engage and manage human<resource< li=””></resource<>
- Standardised policies and practices
- Better ideas and approaches with third eye perspective
- Reduced employer liability
- Improved employee relations
- Frees up time to focus more on business
Does outsourcing HR consulting services reduce costs?
Yes, by outsourcing organisations can build a matured HR system which can support in cost reduction not only related to HR activities but also at organisational level through an integrated approach and interventions.
Which is the top HR consultancy in Chennai?
There are many HR consultancy services in the city of Chennai that offer consulting services and HR Solutions. Ma Foi Strategic Consultants Private Limited is a pioneer and well know HR consulting firm with high reputation in Chennai, India.
Ma Foi House, Chennai, Tamil Nadu - India
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