About Payroll proces
Serving Since 2010
Payroll in Bangalore
Payroll In simple terms, is the process of paying a company’s employees. It includes collecting the list of employees, there attendance, and process of salary to be paid
Payroll processing in India involves financial matters such as gross pay, net salary, leave, compliances, and so on.
Below is the step-by-step guide on Payroll Processing in Bangalore.
The entire payroll procedure is divided into 3 stages.
Employees Salary structure update
Attendance and other input collection and update
Process of Payroll involves:
1: Onboarding employees into payroll system
2: Salary structure update under payroll policy
3: Get your employee attendance inputs
4: Validate employee inputs for process
5: Calculation of payroll tax, PF and others
6: Accounting of the payable with deductions
7: Pay employee salaries through online
8: Compliance and reporting with various departments
Running payroll in India can be overwhelming. There are so many components, like CTC, Basic, HRA, TA, DA, EPF, Income Tax, Form-16 and so on
We team In filings Payroll processing team does the end-to-end payroll process to your employees.
Team IN Filings