PAYROLL PROCESSING

The business runs smoothly if the employees are happy and if they are managed well. For the same, you would require a good HR management system and Payroll Processing, team. Both Payroll processing and HR management are tedious tasks for almost every business because of the various compliance that has been put-forth in India. When it's a small company, it's really difficult for companies to look after business and payroll processing together. For the same reason, the company hires a different payroll processing team altogether. The payroll processing team will make sure that your monthly payment cycle runs smoothly. We offer one of the best Payroll Processing Teams in India.

Under payroll, there is various compliance set by the government hence you need an expert to look after it. Some of the payroll processing structures are as follows:- Payroll Structuring
For Payroll structuring, we have quite a few talented experts who will save maximum taxes for employees but will also make sure that your company follows all compliance under labor law.

TDS Compliance
TDS is a method of indirect deduction of tax based on the Income Tax Act, 1961 while the generation of income. Tax is deducted by your company and it has to be remitted to the government by your company on behalf of the employee.

Form 16 Issuance
Any person responsible for deducting tax at source (TDS) from salary is required to issue Form 16 in the prescribed format to the employee at the end of each year. We will prepare and issue Form 16 for all employees.

Income Tax E-Filing
The main motto behind Income Tax e-Filing is to make a report of income and the taxes that are paid to the government. We make sure that all employee income tax is filed properly and before the due date.

Provident Fund
Employers with more than 20 employees in India should register for PF. Employers who are registered with EPFO should deduct employees PF and make the requisite contribution and file PF returns.

Employee State Insurance
The ESI scheme was started by the ESIC for the Indian Workers. The workers are given a variety of benefits through the ESI scheme like medical, monetary, etc. The companies having more than ten employees who have a minimum salary of fifteen thousand rupees( 15000/- ) have to mandatory register themselves with ESIC.

Professional Tax
Professional Tax is a form of tax that is collected by the State Government from professional business entities. These entities can be personnel like company secretaries and chartered accountants, doctors, lawyers, employers, traders, etc.