Payroll Processing and Employment Laws

Payroll Processing and Employment Laws like Client set up & employee onboarding, Monthly payroll processing & compliances, Employment laws related services

Client set up and employee onboarding services

  • Assisting in formulating human resource (HR) policies and procedure manual

  • Assisting in employee background verification process

  • Assisting in creation and maintenance of employee database

  • Preparing and issuing appointment letters to employees

  • Advising on tax efficient salary structure for employees

  • Advising on applicability of labour laws as per number of employees, location of employees etc.

  • Setting up client on web enabled employee interface system

Monthly payroll processing services

  • Processing monthly payroll

  • Tracking perquisites/ reimbursement balances as per the salary structure

  • Calculating withholding tax on salaries

  • Calculating provident fund (PF) and employee state insurance (ESI)

  • Calculating other deductions and dues as applicable on respective employee

  • Providing salary slips, employee computation and other salary details on web-enabled employee interface system

  • Setting up onsite employee help desk to resolve employee queries related to taxation and investment declarations

  • Providing single point of contact (SPOC) for a respective client to handle employee queries

  • Providing various report related to payroll as per management requirement

  • Providing support during statutory audit

  • Depositing withholding tax on salaries as per due date prescribed under Income Tax laws

  • Depositing other dues such as PF, ESI, LWF, professional tax, etc. as per due dates of respective statutes

  • Maintaining employee-wise details for contribution to PF, ESI, LWF, professional tax, etc. as per respective statutes

  • Preparing and filing returns of PF, ESI, LWF, professional tax, etc. as per respective statutes

  • Preparing and filing of withholding tax return on quarterly basis

  • Preparing/ downloading withholding tax certificate and issuing of the same to employees

Payroll related compliance services

  • Depositing withholding tax on salaries as per due date prescribed under Income Tax Laws

  • Depositing other dues such as PF, ESI, LWF, professional tax, etc. as per due dates of respective statutes

  • Maintaining employee-wise details for contribution to PF, ESI, LWF, professional tax, etc. as per respective statutes

  • Preparing and filing returns of PF, ESI, LWF, professional tax, etc. as per respective statutes

  • Preparing and filing of withholding tax return on quarterly basis

  • Preparing/ downloading withholding tax certificate and issuing of the same to employees

Specialised services

  • Managing employee stock option plan (ESOP)

  • Valuing employee stock option plan (ESOP)

  • Conducting Gratuity Trust Audit

  • Assisting in various audits conducted by different government authorities

Employment laws related services

  • Advisory and compliance requirements under various Labour laws including but not limited to:

  • 1. Provident Fund Act, 1925

  • 2. Professional Tax Act (Levied under Article 276(2) of Indian Constitution) (State wise applicability)

  • 3. Employee State Insurance Act, 1948

  • 4. Shops and Establishment Act, 1954 (Delhi)

  • 5. The Contract Labour Regulation and Abolition Act, 1970

  • 6. Labour Welfare Fund, 1953 (Bombay and extended to NCT of Delhi) (State wise applicability)

  • 7. Payment of Bonus Act, 1965

  • 8. Minimum Wages Act, 1948

  • 9. Equal Remuneration Act, 1976

  • 10. Employment Exchange (Notification of Vacancies) Act, 1969

  • 11. Payment of Gratuity Act, 1972

  • 12. Maternity Benefit Act, 2017

  • 13. Payment of Wages Act, 1936

Back to Services