Payroll Processing Services

Located in Delhi, India, we are providing payroll-processing services to our worthy clientele. With these services, we provide all sorts of solutions related to payroll accounting, tax administration and reporting. We are supported by a group of professionals who support clients is keeping employee’s payroll life cycle, from their date of joining to exit. So, reduce costs and increase profits by collaborating with us.

Details :

• Receiving input data from client like Attendance, New Joinees, Resignee, Increment, Incentive, Advance, Loan etc. processing the same at our fully computerised Payroll package and generating Payroll Register in excel/Pdf/txt format along with salary withheld report.
• Maintaining Attendance record, Leave record, Salary wages registers etc.
• Preparation of Department wise, location wise and cost center wise salary sheets.
• Preparation of Arrear Sheets.
• Providing monthly salary slips to the individual employees through e-mail.
• Statement for Bank Transfer.
• Salary report for stop payment.
• Calculation of Overtime, Bonus etc.
• Prepare Full & Final settlement for ceased employees
• Preparation MIS reports.
• Handling queries of the employees related to their salary, reimbursement, Tax related issues etc.
• Assist in interim Payroll audit.

The proposed payroll management solution will offer following features and benefits :

• Single contract, single point of contact and a single centralized solution.
• Technology based complete payroll solution.
• Accuracy & Manpower optimization.
• Confidentiality of pay package and data security.
• High level of services, support and training.
• Employess master data maintenance.
• Level wise policies, benefits and exclusion management.

• Highly standard processes for
  
  • New employee
  • Exceptional inputs
  • Employee leaving & Exit.
  • Error-free payroll calculation.
  • Deductions calculations-loans, welfare funds, advances, etc.
  • Increment management.
  • Incentive management.
  • Leave management & overtime computation
  • Statutory compliance computation
  • PF & ESIC challans & contributions.
  • Professional tax.
  • Pay-slip with Tax computation worksheet generation.
  • Comprehensive pay register
  • Reimbursement in the nature of expenses Medical/ LTA/ Convetyance/ Telephone/ Food coupon etc.
  • Exemption under LTA, medical Reimbursement, Telephone and conveyance as per rules.
  • Preparation of full & final settlement (calculation of leave encashment as per HR policy/ calculation of gratuity/ adjustment of loans & advances/ notice period recovery/ other recoveries etc.)
  • Calculation of perquisite (Furniture, loan, car, driver, RFA, SAF etc.)
  • Income tax computation
  • Individual Tax summary and consolidated TDS report.
  • Investment declaration
  • Annual Form-16
  • Various MIS & reports
  • Other requests

• Employee Helpdesk support

• Statutory compliance for payroll related taxes and other statutory deductions while processing payroll.

Mothly Payroll Reports :

• Salary Register/ Wages register.
• E-Pay slip with tax computation worksheet.
• Salary summary Reports (Cost Center/ Branch/Location/ Department Wise.)
• Reimbursement Statement / Slip.
• Salary Journal Voucher (SJV)
• MIS Reports if required.
• OT Reports
• Full & Final Settlements.
• TDS Statement
• Professional Tax Statement.
• ESIC Statement / Monthly Return
• PF Statement / Monthly Return
• Labor Welfare Fund Statement.