One of the integral parts of HR is Payroll. Timely and accurate salary and wages calculation coupled with Statutory Compliance is automatically expected. The task of payroll becomes complicated in today's industries due to multiple statutory requirements, MIS requirements, calculations based on slabs and formulas and other HR policies. Our Payroll Services takes care of all your requirements relating to management of employees' Payroll. Our Payroll services provide complete records of the Employees, Pay slips, Attendance Register, computation of all allowances & deductions and generation all Statutory and MIS reports.
Key Features of Payroll Outsourcing
- OT Rate Calculation – Hourly basis or on Per day basis.
- Each Branch wise working days can be defined.
- No. of days present and No. of days on which Salary is calculated (Including Paid Leave) both are considered with formulating a field value.
- Multiple Branch Details in Single File
- PF / ESI / PT rate user definable on Monthly basis.
- Arrears Calculation.
- Calculation of Salary Fields depends on Formulas / Slab
- Leave Details Management with Unlimited No. of Leave Types.
- Detailed Master Data Capture.
- Bank / Branch Details – For Bank Statement and for standing Instruction.
- Salary Components not considered in Regular Salary Sheet.
- Salary calculation for the purpose of TDS Estimation
- Form 16, Form 12 BA & ETDS Generation.
- Income Tax Computation.
- Exporting Salary Details to Excel.