Payroll Processing
Monthly salary computation including allowances, deductions, overtime, bonuses, and reimbursements—with net pay calculation and bank file preparation for disbursement.
Financial Advisory
Payroll & Statutory Compliance
Practice01/06
Payroll Processing.
Note01Refer — Scope
Monthly salary computation, net-pay calculation, and bank disbursement file preparation.
Index06 Practices
Payroll & Compliance Services
We handle the operational complexity of payroll processing and statutory compliance, keeping pace with evolving regulations and filing requirements.
PF Compliance
Provident Fund contribution calculation per the applicable wage definition, ECR generation, monthly challan payment, and return filing under current EPFO requirements.
ESI Compliance
ESI contribution calculation for eligible employees, enrolment management, monthly challan deposits, and return filing per ESIC guidelines and timelines.
Professional Tax
State-wise Professional Tax calculation based on applicable slabs, timely deposit coordination, and return filing per individual state requirements.
TDS on Salary
Section 192 TDS calculation considering declared investments and applicable regime, monthly deposits, and quarterly Form 24Q preparation and filing.
Payslip & Documentation
Generation of detailed payslips, Form 16 preparation, salary certificates, and employment documentation for employee records and verification purposes.
Why Systematic Payroll Management Matters
Payroll errors affect employee trust and attract statutory penalties. Systematic processing addresses both operational accuracy and evolving compliance obligations.
- Timely salary disbursement maintaining employee confidence and operational continuity
- PF and ESI compliance within statutory deadlines avoiding interest and penalties
- Salary structures aligned with current wage definition and statutory requirements
- Correct TDS deduction under Section 192 based on applicable tax regime
- Form 24Q filing with accurate data supporting employee tax credits
- Organised payroll records supporting audit requirements and regulatory inspections
Our Payroll Process
Step 1
Data Collection
We collect attendance data, leave records, variable inputs, new joiners, exits, and investment declarations needed for the monthly payroll cycle.
Step 1
Data Collection
We collect attendance data, leave records, variable inputs, new joiners, exits, and investment declarations needed for the monthly payroll cycle.
Step 2
Salary Computation
We calculate gross pay, apply statutory deductions for PF, ESI, PT, and TDS per current regulations, and arrive at net pay for each employee.
Step 2
Salary Computation
We calculate gross pay, apply statutory deductions for PF, ESI, PT, and TDS per current regulations, and arrive at net pay for each employee.
Step 3
Statutory Deposits
We prepare challans and coordinate timely deposit of PF, ESI, Professional Tax, and TDS within their respective due dates.
Step 3
Statutory Deposits
We prepare challans and coordinate timely deposit of PF, ESI, Professional Tax, and TDS within their respective due dates.
Step 4
Return Filing
We prepare and file periodic statutory returns—monthly ECR for PF, ESI returns as required, and quarterly Form 24Q for TDS.
Step 4
Return Filing
We prepare and file periodic statutory returns—monthly ECR for PF, ESI returns as required, and quarterly Form 24Q for TDS.
Step 5
Reporting & Handover
We deliver payslips, statutory payment confirmations, and summary reports—plus Form 16 preparation at year-end for employee tax filing.
Step 5
Reporting & Handover
We deliver payslips, statutory payment confirmations, and summary reports—plus Form 16 preparation at year-end for employee tax filing.