Monday, 29 September 2014

Payroll Outsourcing Feature Points



HR and Payroll Outsourcing enlarge market assessment in the focus of below points –

·      Maintain properly personal details of staff member.
·      Constitutional compliance as to Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT) & Income Tax.
·      Investment and Automatic Tax Calculation Process.
·      Form 16, 12A, 5/5, 10, 11/16/23A, 6A and Form 24 generation.
·      Made to order Management Information System(MIS) reports, which contains regular reports.
·      Pay Slips and full and final.