Salaries on time, deductions correct, every month.
Indian payroll involves significantly more moving parts than payroll in most parent jurisdictions Provident Fund, Employees State Insurance, Profession Tax which varies by state, Labour Welfare Fund, Gratuity, monthly TDS computation under Section 192, and a substantial year-end compliance cycle including Form 16 issuance and quarterly Form 24Q returns.
We run payroll for foreign subsidiaries on a fully outsourced basis ingesting the inputs from the client, computing the entire payroll, depositing statutory dues, generating payslips, and handling the year-end documentation required by employees and tax authorities.
What Bizztricks Management Consulting Private Limited Offers
• Monthly payroll processing gross pay, statutory deductions, TDS, and net pay computation
• Payslip generation and secure distribution to employees, integrated with HR portals where available
• Statutory contributions EPF, ESIC, Profession Tax, and Labour Welfare Fund deposited within statutory timelines
• Monthly TDS deposit, quarterly Form 24Q filing, and annual Form 16 issuance
• EPF and ESIC monthly returns, employee onboarding and exit formalities (UAN, ESIC IP)
• Full and final settlement computation including gratuity, leave encashment, and notice pay
• Salary structure design for tax efficiency flexible benefit plans, NPS, and reimbursement structures
• Labour law registrations and compliance Shops & Establishment, Contract Labour, and Maternity Benefit Act