Payroll Processing

Finance Pro, Chartered Accountants payroll services are designed to increase administrative efficiency and reduce your data maintenance costs.  We offer results with extreme accuracy for all your payroll requirements:

OUR PAYROLL ACTIVITIES WOULD INCLUDE:

  •   Maintain payroll information of all employees.
  •   Adhere to the confidentiality aspect in terms of any details related to the employees.
  •   Preparing and delivery of pay slips of each employee.
  •   Liaison with the company/group HR Department.
  •   Preparing transfer letters to Banks.
  •   Preparation of Monthly Payroll

 STATUTORY COMPLIANCE:

  •   Compliance with Provident Fund (PF) & Employee State Insurance (ESI)
  •   Preparation and Filing of Provident Fund (PF) & Employee State Insurance (ESI) Returns
  •   Preparation of statutory records prescribed under PF & ESI Acts
  •   Filing of Quarterly eTDS returns for salaries
  •   Preparation of Form 16 for employees

For any business, it is very important to ensure that timely and appropriate payments are made to employees to maintain their level of satisfaction and maintain their motivation level. The employees are the backbone of all business entities and their interest need to be properly fulfilled. In this regard, pay roll processing and payment thereof has its own importance. Successful business owners know that it is better to be an expert on the product or service he is selling and let someone else be the expert on other tasks. One such other task is payroll. We assist Business owner on this aspect and give them success.

  • Formulation of Salary Structure on Cost to Company (CTC) basis
  • Processing Monthly Salaries
  • Payroll Compliance with Provident Fund (PF), Employee State Insurance (ESI), Profession Tax (PT) & Labour Welfare Fund (LWF)
  • Processing Reimbursements and Arrears
  • Processing Full & Final Settlement
  • Withholding Tax on Salaries
  • Filing of e-TDS returns in Form 24Q
  • Issuance of Form 16
  • Advisory on tax deductions / exemptions