Payroll Services

🔹 Payroll Processing

• Monthly salary computation based on:

  • Attendance & leave records

  • Overtime, bonuses, and incentives

  • Deductions (PF, ESI, PT, TDS, etc.)

• Generation of salary registers and payslips

• Direct bank payment file generation (for salary disbursal)

🔹 Employee Tax Computation

• Monthly and annual TDS calculations on salaries (as per Section 192)

• Calculation of perquisites, exemptions, and rebates

• Year-end Form 16 generation and reconciliation

• Investment declaration and proof verification (80C, HRA, etc.)

🔹 Statutory Compliance

• EPF (Provident Fund)

  • UAN registration, contribution calculation, ECR filing

• ESIC

  • Employee registration, return filing

• Professional Tax (PT)

  • State-wise compliance, registration, challan filing

• Monthly and quarterly returns related to the above

🔹 Payroll Setup & Advisory

• Design of salary structure (CTC breakdown)

• Optimal tax planning and salary structuring

• Designing incentive and bonus policies

• Drafting HR/payroll policy manuals

• Gratuity, leave encashment, and retirement benefit calculations

🔹 Payroll Accounting

• Payroll journal entries in accounting software (Tally, QBO, Zoho)

• Monthly reconciliation of salary liabilities with books

• Reimbursement accounting (travel, mobile, etc.)

• Provision entries for unpaid salaries and bonuses

🔹 Labour Law Registrations

• Registration and compliance under:

  • EPFO

  • ESIC

  • Shops and Establishments Act

  • CLRA, Payment of Wages Act

🔹 Employee Onboarding & Exit Management

• Drafting employment contracts

• Employee onboarding forms and declarations

• Exit formalities including final settlement (F&F)

• Leave encashment and gratuity computation

🔹 Monthly/Quarterly Reporting & MIS

• Payroll cost summary reports

• Department-wise or employee-wise payroll analysis

• Compliance dashboards

• Yearly payroll summary for audit purposes