Monthly Compliance Services: Keeping Your Business On Track

Running a business comes with enough challenges. The last thing you need is the stress of tracking GST dates, TDS deposits, payroll calculations, or figuring out why a reconciliation doesn’t match. Monthly compliance isn’t exciting work — but it’s absolutely essential. Missing a small deadline today can snowball into penalties, notices, or even questions from lenders later.

At Mantra & Co., we help businesses avoid exactly that kind of trouble. Our team handles your monthly filings, checks your numbers, and keeps everything organized so you can focus on what you actually built your business for.

What Do We Mean by Monthly Compliance ?

Every business, regardless of size, has a set of legal and financial tasks that must be completed every single month. Some are obvious (like filing GST), and some are easy to forget (like PF/ESI submissions, TDS deposits, or monthly bookkeeping).

Monthly compliance usually includes:

• Filing GST returns

• TDS deduction and payment

• Accounting entries and bank reconciliation

• Payroll and employee compliance

• Monthly reporting and record maintenance

Most owners know the importance of these tasks — they just don’t always have the time to manage them consistently. That’s where we step in.

Why Monthly Compliance Matters More Than You Think

A lot of people think non-compliance only leads to penalties. In reality, it affects much more:

• Avoiding penalties is just the starting point.

• Banks and investors look at your compliance behavior when considering loans or funding.

• Accurate monthly books make annual filings faster and cheaper.

• Clean records prevent mismatches that can trigger GST or Income Tax scrutiny.

• And you get peace of mind knowing there’s no last-minute chaos waiting for you.

Businesses that maintain clean monthly compliance run far more efficiently — and they grow faster because decisions are based on real, updated numbers.

Our Monthly Compliance Services

Below is how we support your business every month. The process is simple, but the impact is huge.

1. GST Compliance

We take care of your GST filings from start to finish:

• Preparing GSTR-1 and GSTR-3B

• ITC reconciliation with GSTR-2B

• Tracking GST payments and challans

• Recording ITC claims correctly

• Updating you on new rules or notifications

GST laws change frequently — we keep track so you don’t have to.

2. TDS Compliance

TDS mistakes are a leading cause of notices. We manage the entire cycle:

• Calculating TDS monthly

• Deducting and depositing TDS on time

• Filing quarterly returns

• Preparing Form 16 / 16A for employees and vendors

Everything is done well before deadlines so there are no surprises.

3. Accounting & Bookkeeping

Monthly accounting keeps your financial picture clear:

• Recording income and expenses

• Reconciling bank statements

• Updating ledgers

• Preparing monthly Profit & Loss and Balance Sheet summaries

Businesses with real-time books make better decisions — and that reflects in long-term growth.

4. Payroll Compliance

Payroll is sensitive; one wrong calculation and employees lose trust. We help with:

• Monthly salary calculation

• TDS on salary

• PF and ESI compliance

• Preparing payslips and summaries

Everything remains confidential and error-free.

5. Business Tax & Legal Advisory

Laws change constantly. We keep your business updated on:

• New tax rules

• Amendments affecting your industry

• ROC, GST, and Income Tax requirements

• Any legal compliance risk your business should prepare for

Think of it as guidance that keeps you compliant without overwhelming you.

Who Really Needs Monthly Compliance Services?

Every business benefits, but it’s especially important for:

• Private limited companies

• LLPs and partnership firms

• Proprietors with regular transactions

• Startups and MSMEs

• GST-registered traders or service providers

• Freelancers who deal with multiple clients

If your business handles invoices, payroll, deposits, or regular expenses — monthly compliance is not optional.

Documents We Usually Require

To manage your filings accurately, we’ll need:

• Sales invoices

• Purchase and expense bills

• Bank statements

• Salary details (if applicable)

• GST portal access

• TDS deduction information

We collect everything securely and maintain complete confidentiality.

Why Businesses Prefer Mantra & Co.

Here’s what clients tell us most often:

• “You guys never let us miss a due date.”

• “I finally understand what’s happening with my compliance.”

• “Your team actually explains things, not just files blindly.”

We focus on reliability and transparency. You always know what’s filed, what’s pending, and what needs attention.

Some key advantages:

• Timely reminders so deadlines don’t slip

• Complete monthly handling under one roof — GST, TDS, payroll, accounting

• Experienced Advocates & Tax Consultants guiding every step

• Transparent processes with regular updates

• Affordable plans for startups, SMEs, and corporations

We don’t just file returns — we help you run a compliant, stress-free business.

What Happens if You Ignore Monthly Compliance?

A few common consequences:

• Penalties under GST and Income Tax

• Interest on delayed payments

• Loss of ITC due to late filing

• Possible GST mismatches and notices

• Financial statements becoming inaccurate

• Trouble during loan applications or audits

Most of these issues show up only later — when they’re harder (and costlier) to fix.

How We Work Each Month

To keep everything simple and organized:

1. You share your monthly data — invoices, statements, expenses, etc.

2. We verify and reconcile all entries.

3. We prepare and file GST, TDS, and other returns before deadlines.

4. You receive a monthly report containing filings, challans, summaries, and compliance status.

Clear, predictable, and stress-free.

Frequently Asked Questions (FAQs)