Payroll is a list of employees that are paid by the company. Payroll is the total amount the employers pay to the employees. A payroll function involves the development of an organization pay policy that includes flexible benefits, leave encashment policy.
Payroll management also includes payslip components like basic, variable pay, HRA, and LTA. and also gathering other payroll inputs like the organization’s food vendor supply, etc.
Payroll and HR management also involve releasing the employees’ salary, depositing the dues like TDS, PF, etc with appropriate authorities, and filing returns.
WE PROVIDE FOLLOWING SERVICES RELATED TO PAYROLL:
1.Preparation of Monthly Salary Sheet.
2.Deductions as per applicable laws like Income Tax, Provident Fund, Professional Tax etc.
3.Computation and deposit of TDS, ESI, PF etc.
4.Disbursement/ Online Payment of Salary.
5.Pay slip by password protected e-mail.
6.Reimbursement of telephone, medical bills etc.
7.Issue of Form 16 to employees.
8.Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.
9.Administration of gratuity, superannuation, pension schemes etc.