Online Payroll Outsourcing Service
Payroll outsourcing is a process when an organization appoints a third-party service provider to handle the administrative and compliance tasks associated with employee payroll, i.e., payment to the employees. Depending on the payroll outsourcing agency, this may also include services like filing payroll taxes and payments on the behalf of the company.
Outsourcing of payroll functions is generally done to ensure cost reduction and time management while dealing with financial activities related to a payroll. Hiring an external firm to manage payroll activities means a business organization is saved from hiring and training a large in-house payroll staff, buy appropriate software package for payroll functions and remain constantly updated about complicated tax regulations. All these factors add to the company's expenses.
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Nowadays, a lot of companies go for outsourced HR and payroll services due to the manual, time-consuming nature of these tasks. This system of payroll processing allows HR and payroll managers to focus more on strategic planning in their organizations.
Get professional assistance for payroll structuring to ensure maximum tax-savings for your employees along side being compliant under various Central and State level labour law regulations and provisions.
Get professionally structured HR documents like offer letter, appointment letter, employment contract, payslips, confidentiality agreement etc. Embrace automated payroll services and move away from tedious, manual administrative reporting and documentation to cutting-edge payroll services.
TDS deduction on salary is a compulsory task for all employees earning taxable income. The employer is responsible for filing of TDS and TDS deduction. We undertake these services which are time consuming and needs careful attention.
Form 16 Issuance
Any person responsible for deducting tax at source (TDS) from salary is required to issue Form 16 in the stipulated format to the employee at the end of each financial year. We take in the responsibility of preparing and issuing Form 16 for all employees.
Provident Fund is allowed to all employers in India having a strength of more than 20 employees. Employers are required to adhere to the PF regulations and must deduct PF from employees, make the necessary contribution and file PF returns. We take care of all these on behalf of our clients.
Income Tax eFiling
Employees earning taxable income are obliged to file income tax return each year. We provide Income Tax eFiling service for all employees enrolled in your company.
Employee State Insurance
Any factory or establishment having a strength of 10 or more employees who are drawing wages less than Rs.21,000 per month must procure ESI registration and comply with ESI provisions. We offer services for ESI Registration and assistance in the compliance of legislations under it.
Professional tax is an indirect tax imposed by the state government on all working and salaried professionals, such as chartered accountants, lawyers, and doctors. It is imposed based on the individual’s employment, trade or profession and is usually paid by the employer. Our experts will assist and ensure compliance under the respective State Professional Tax regulations and in filing of the same.
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