Payroll processing services
Payroll process is not only the calculation of employee’s basic remuneration but also any overtime payments, special payments or bonuses given to the employee in the period in question. Moreover remuneration is calculated keeping in mind hourly employees, salaried employees, new hires and terminations. Our services include: Calculating payroll after thorough analysis of payroll records, number of hours worked, leaves, overtime worked etc , withholding Tax (T.D.S) obligations for each employee, Employer and employee Provident Fund & ESI or any other contributory fund calculation, Employee’s agreed periodical deductions, Medical claim, Depositing statutory dues, Reporting the periodic accounting entries of payroll for periodic accounts processing and printing and delivering cheques to employees/ credit to employee accounts.