PAYROLL

Introduction

Payroll refers to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes. It is a complete process of determining the Gross and Net payments made to the employees, which is helpful not only for assessing the employee benefits cost, but also gives us a complete picture of the statutory dues outstanding, in relation to the employees.

Did you know the Payroll services can be outsourced?
What can we do?

• Preparation of Monthly Salary Sheet.
• Deductions as per applicable laws like Income Tax, Provident Fund, and Professional Tax etc.
• Computation and deposit of TDS, ESI, PF etc.
• Disbursement/ Online Payment of Salary.
• Pay slip by password protected e-mail.
• Reimbursement of telephone, medical bills etc.
• Issue of Form 16 to employees.
• Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.
• Administration of gratuity, superannuation, pension schemes etc.