Payroll / Earning

• Preparing salary sheet.

• Calculating payable days

• Making deductions according to applicable laws on Income Tax, Provident Fund, and Professional Tax, etc.

• Computing and depositing TDS, ESI, and PF, etc.

• Disbursing Salary (online).

• Encrypting slip.

• Reimbursing medical, telephone bills, etc.

• Issuing Form 16.

• Administering gratuity, superannuation, pension schemes etc.

• Payment /statutory reconciliation, deductions with the books of accounts.

• Regular payroll processing and issuing of paychecks

• Recording of pay and benefits into the company’s accounting ledger

• Ensuring accurate withholding of payroll taxes

• Making payments to tax authorities

• Managing withholdings for employee benefit contributions

• Keeping the business in compliance with payroll reporting regulations

• Leave encashment days/Notice period recovery

• Investment proofs and reimbursement claims during final settlements

• Other payments/deductions

• Consolidated reports on net payable/recoverable, final tax workings, journal voucher etc.

• Process your payroll based on the latest legislative updates

• Process investment declarations of your new joiners and updating it on your HR system

• Provide you with consolidated reports

• Validate reimbursement claims and integrate these payroll data

Our experts also ensure day-to-day maintenance of your arrear registers and maintain consolidated arrear computation reports for assistance during audits.