Payroll Management
Why payroll is outsourced? Most of the Business Enterprises are opting for Payroll outsourcing in the Indian Market as it,
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Reduce Risk: Doing payroll on your own is tiresome and hazardous. You will quickly discover that there are many confusing things to track, including forms to locate, tax tables to update, reports to submit, and payments to make. So we are here to take care of your burden of your salary processing.
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Leveraging Your Time: Do what you do best with your spare time and energy and outsource the rest; your business will benefit. Small business advisers agree: struggling with payroll taxes is a distraction that takes your energy away from more useful activities. Create and grow your business. Pass the payroll headaches to us.
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Increase Value: Outsourced payroll is a bargain. Why spend hours doing payroll by yourself when you can get help doing it at a very low price? With the time you save and the accuracy you gain.
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Direct Deposit: Your employees will love direct deposit. It’s a low-cost way to provide an extra employee benefit that is very much appreciated. No more trips to the bank! A half-hour saved every payday!
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Eliminate Software Hassles: You skip the hassle of software updates. Leave the updates to the payroll services. We are always up to date with the latest tax rates from around the Nation.
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Tap the Experts: You add payroll experts to your team. Any payroll service will be aware of the most important rules and problematic areas.
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Consistency: You will never again worry about losing the employee who does payroll.
We take care of end to end payroll processing, including salary and benefits structuring/restructuring as per Minimum wages Act of the State. We have a process where an error-free salary is processed and the confidentiality of the data is maintained. All the data are password protected. Our payroll processing services are configured in the software to cater to your specific requirements. We ensure smooth operations of the process. We provide the statements and reports as per customer’s as well as statutory requirements.
The activities under payroll processing are :
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Salary and benefits structuring as per State Rules.
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Salary processing.
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Generation of Payslips.
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Statutory reports and submission.
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Client and employee query management.
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IT Computation and ETDS Generation.
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Receipt of proof and verification of declaration and proofs.
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Advise employees about savings to get exemption under Income Tax.
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Generation of Form 16.
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Filing of Income Tax.
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Monthly reports to Management as per Management’s requirements.