Payroll in HR is basically a simple process of paying employees correctly and on time, along with complying with all legal and statutory requirements. Moreover, payroll in HR is not just about calculating salaries and paying on time; it also includes deductions, benefits, and government filings. In-house payroll teams may find it difficult to handle all this internally, and this is where a payroll service provider in India comes into play and becomes a valuable asset. A typical payroll process involves the following tasks:

  • Calculating salaries and wages
  • Managing attendance and leave data
  • Analyzing PF, ESI, and TDS deductions
  • Generating payslips
  • Filing statutory returns