Payroll |
| Payroll Processing
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| Payroll processing that will be undertaken on a monthly basis Processing of time office data to credit to employee's bank account Updating of Masters and Employee footprint. |
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| Statutory Filings & Compliance's
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All Statutory requirements as per the requirements of various regulatory authorities as well as a comprehensive tax module
- Income Tax compliance
- Profession Tax compliance
- PF compliance
- ESIC compliance
- Compliance with Employee Welfare Scheme such Labour Welfare Fund and others that may be applicable to the establishment
Statutory Reports needed for compliance with the various regulatory authorities
- Form 24 (Income Tax)
- Form 12 BA (Perquisites)
- Section 217 (Companies act - attachment to the directors report)
- PF Return
- Professional Tax Return
- ESIC Return
- Employee Welfare Scheme Reports
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| Salary structuring for tax purposes
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| Incorporating any salary structure changes, Reimbursements in the nature of Cash / Voucher adjusted in the payroll incorporating any rule changes both internal and regulatory and incorporating any tax laws changes |
| Employee Taxes, Tax Planning
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| Exemptions under LTA, Medical allowances and Conveyance as per rules |
Banking Services
MIS Reports
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| Other MIS reports as specified by the client at the time of take on Company loan reports, Department-wise/ grade-wise employee cost reports Consolidated Salary Summary, Pay Register, Net Pay Advice Dynamic on-line reporting module for generating customized reports Journal Voucher in text file. |
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