Payroll Processing

We provide payroll processing services to our clients. We undertake all the activities involved in the payroll process. Once you sign with us, you leverage the benefit of multiple functional expertise. Our payroll service is compliant with the latest tax and labour law rules. You need not worry about correct deduction under TDS/PF/ESI/LWF/PT. We calculate this as per law and update you when there is any change in rules. After the implementation of the payroll for the first time, you only required to share monthly variable inputs to process the salary. We are committed to providing accurate and timely delivery of payroll services. The different broad activities under payroll processing are:

Monthly

Generate Monthly Payroll Input and Validation
- Leave Calculation
- Add New Joinees into payroll
- Mark Resigned Employees
- Stop Payment/ Salary Advance Deductions
- Overtime
- Flexi Pay Reimbursement
- Investment Declarations of New Joinees

Payroll Calculations
- Calculation of monthly Payroll
- Calculation of Full & Final Settlement cases
- Verify the output with payroll input and previous month salary
- Verify Leave Encashment, Gratuity, Notice Pay, Final Tax working for full & Final

Payroll Compliance:
- Provide monthly data for PF and ESI returns
- Provide PT and LWF reports for payment
- Provide TDS report for Tax payment under section 92B

Payroll Reports and Payments:
- Provide Bank advise for Salary payment
- Provide JV for accounting entries as per the requirement
- Provide Different reports required by the client
- Send Payslips to employee
- Share final tax working with F&F Cases

Quarterly / Yearly

Preparation and Submission of Quarterly TDS return in Form 24Q
Investment Declaration from employees at the beginning of the year
Investment and Flexi Pay reimbursement Proof Collections
Tax calculation based on Investment Proofs and share revised Tax calculation with employees
Preparation and distribution of Form 16 to employees

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