Our Services
Payroll & Compliance
Payroll and Compliance Services encompass managing employee compensation and ensuring adherence to legal, tax, and regulatory requirements. These services are essential for avoiding penalties and maintaining smooth payroll operations. Here’s an overview:
Payroll & Compliance services:
Salary Calculation:
Automated calculation of wages based on attendance, work hours, overtime, and deductions like taxes, loans, or advances.
Tax Compliance:
Accurate deduction of taxes (income tax, social security, etc.) as per local regulations.
Filing of tax reports and generating tax documents (like Form 16).
Benefits Management:
Administering benefits like health insurance, retirement plans, bonuses, and allowances.
Ensuring correct deductions and contributions for employee benefits.
Leave and Overtime Management:
Integration with attendance systems to account for leaves, holidays, and overtime.
Adjustments in payroll for paid/unpaid leaves and extra working hours.
Payslip Generation:
Automatic generation of payslips with detailed breakdowns of earnings, deductions, and net pay.
Providing employees with easy access to digital or printed payslips.
Statutory Compliance:
Handling compliance with labor laws, provident fund contributions, employee insurance, and other statutory obligations.
Keeping track of changing regulations and ensuring payroll processes align with them.
Payroll Reporting:
Generating detailed reports on payroll expenses, tax filings, and compliance status for management and audits.
Year-End Processing:
Assisting with annual tax filings, bonuses, and closing payroll for the financial year.
Providing necessary documents for employee tax declarations.
Employee Self-Service:
Allowing employees to access their payroll information, update tax details, and view benefits through a self-service portal.