Accounting & Payroll

Payroll Processing & Salary Structuring

End-to-end payroll management — salary computation, pay slips, statutory deductions, CTC structuring and compliance.

Overview

We handle the complete monthly payroll cycle including salary computation, statutory deductions (PF, ESI, PT, TDS), pay slip generation, and bank transfer file preparation.

We also help structure CTC and salary components for tax efficiency and employee satisfaction.

Key Benefits

  • Accurate monthly payroll processing
  • Statutory compliance (PF, ESI, PT, TDS on salary)
  • Tax-efficient salary structuring
  • Professional pay slips and Form 16 preparation
  • Reduces internal HR/finance workload

Documents Required

  • Employee master data (name, PAN, bank, DOJ)
  • CTC/salary structure details
  • Attendance/leave records
  • Variable pay and reimbursement details
  • PF and ESI registration numbers

Process

  1. Employee data onboarding
  2. Salary structure setup and optimization
  3. Monthly payroll computation
  4. Statutory deduction calculation
  5. Pay slip generation
  6. Bank transfer file and statutory payment support

FAQs

What statutory deductions are part of payroll?

Key statutory deductions include PF (12% employee + 12% employer), ESI (0.75% employee + 3.25% employer for eligible employees), Professional Tax and TDS on salary.