1. End-to-End Payroll Processing
- Accurate monthly calculation of employee salaries, bonuses, and incentives.
- Management of attendance, leave records, and timesheet integrations.
- Processing of overtime, shift differentials, and salary revisions.
- Handling deductions like taxes, loans, advances, and other recoveries.
- Generation and distribution of detailed payslips to employees.
- Ensuring payroll runs on time to maintain employee satisfaction.
- Automation of payroll cycles through secure accounting platforms.
- Adherence to company-specific payroll policies and employment terms.
2. Statutory Deductions & Government Filings
- Calculation and deduction of statutory components like PF, ESI, and TDS.
- Timely filing of statutory returns such as EPFO, ESIC, PT, and Income Tax.
- Monthly, quarterly, and annual compliance with statutory deadlines.
- Preparation of Form 16, Form 24Q, and other required returns.
- Reconciliation of statutory liabilities with challans and returns.
- Avoidance of penalties through proactive statutory management.
- Regular updates on changes in tax and compliance laws.
- Liaising with government portals and departments for submission and resolution.
3. Compliance with Local Labour Laws
- Ensuring compliance with state and central labour regulations.
- Maintaining statutory registers and records as required by law.
- Advising on wage structures in accordance with minimum wage laws.
- Monitoring and reporting gratuity, bonus, and leave encashment compliance.
- Supporting contract labour and third-party compliance requirements.
- Conducting periodic audits to identify and fix compliance gaps.
- Adapting payroll and HR practices to region-specific legal updates.
- Helping businesses stay protected from legal risks and inspections.
4. Payroll Reporting & Employee Documentation
- Generation of payroll reports including salary registers and tax summaries.
- Maintaining digital and physical employee records for compliance.
- Preparing audit-ready payroll documentation and reports.
- Tracking employee compensation history and benefits over time.
- Creating CTC break-ups, offer letters, and full & final settlements.
- Maintaining statutory compliance registers and documentation logs.
- Sharing regular MIS reports for management insights and decision-making.
- Integration of payroll data with accounting and HR systems.
