"Payroll is a financial record of amount paid to an employee as salaries, wages, bonus or deduction. Payroll processing is referred as administration of employee’s financial and other records. Outsourcing Payroll process is not only saves cost but enables you to focus on business and enable you to grow. Partnering with us will lead advantage of reduced costs and increased profits. Our team helps in management of payroll process in a manner that would maximize salary pay-outs and minimize per employee cost. Monthly pays slips to full and final settlement, we deliver all services related to the payroll administration. Outsourcing your payroll to an experienced and reliable third-party payroll service provider like Talent Pro gives you peace of mind.
Periodical returns for provident fund contributions are required to be submitte by the filed employers to the Govt Authorities. Our team possesses knowledge w.r.t. the provisions under law and can guide you in this regard for complying the provisions. Also, We asssit in filing of periodic PF returns.
Employee State Insurance (ESI )
It is a social security system for providing socio-economic protection to the worker and his dependent family members. Every employer to whom the ESI scheme is applicable is required to comply with the provisions prescribed therein. Our team may provide advice in this regard and helps in filing the periodice returnrs . Validation of ESIC Register – Computation of ESIC, Eligibility and remittance details,reparation and upload of online data and generation of challan,Generation of Insurance Number,Processing of ESIC Claims and Liaison with ESIC Department. etc
Various obligation has been laid down on the the employer the Gratuity Act such payment of gratuit at the time of retirment, making of provision in the bookds as per the accounting standard, taking a scheme with the Compnay for timley payment of Gratuity etc .Our trained professionals can provide you advice in this regard
Tax Deducted At Source (TDS)
TDS rule directs employers to deduct tax before making of payment of wages/salary/compensation to employee. It is mandatory for every employers to deduct the tax if emplyees wages/salary exceeds the exemption limit of tax. We provide technical quidance about the TDS deduction .to the clients.
Our Services includes
- Preparation of Monthly Salary Sheet.
- Deductions as per applicable laws like Income Tax, Provident Fund, ESIC ,Professional Tax etc.
- Computation and deposit of TDS, ESI, PF etc.
- Disbursement/ Online Payment of Salary.
- Generation of Pay slip
- Reimbursement of expenses bill like telephone, medical bills etc.
- Issue of Form 16 to employees.
- Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.
- Administration of gratuity, superannuation, pension schemes etc.
- Payroll Processing Solution