Monthly Payroll Processing

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Overview

Monthly payroll processing involves accurately calculating and disbursing employee salaries, including applicable deductions and taxes, for a specific month.

✔ This process typically includes computing hours worked, determining gross pay, applying statutory deductions (such as taxes and benefits), and finalizing net pay.

✔ Timely and accurate payroll ensures employee satisfaction and helps businesses stay compliant with labor and tax regulations.

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Documents Required

Required in Soft Copy Only

Services we have to offer

  • Structuring employee remuneration to minimise taxes
  • At the start of the year, a compilation of investment declarations from relevant personnel is made (based on tax bracket).
  • Calculate each employee's tax liability in advance and begin withholding tax deductions.
  • Submission of returns in accordance with the relevant laws, as well as the deduction and deposit of TDS, PF, and ESI.
  • The timely distribution of Form 16 to each employee.