HR
Payroll Processing
Monthly payroll, from inputs to payslips to statutory deposits.
recurringManaged Operations
Overview
Salary computation, statutory and voluntary deductions, payslip issue, and deposit and return filing for withholding tax, provident fund and state insurance. Runs to a fixed monthly calendar, at any headcount.
Scope
- Monthly salary computation from approved inputs
- Statutory and voluntary deduction processing
- Payslip generation and distribution
- Withholding tax computation, deposit and quarterly returns
- Provident fund and state insurance deposits and returns
- Full and final settlement on exit
- Annual tax declarations and Form 16 issue
Applicability
All entity types employing staff. Scale rather than structure determines complexity — a capability centre and a startup need the same process at different volumes.
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