Payroll & Compliance

Payroll Compliance Services

Taking care of your employees’ happiness is another way of saying, “We care for You and value our oneness.”

Our accuracy and reliability in routine tasks have helped many of our associates gain par excellence in minimal paperwork, zero liability & extra time to stay ahead and we provide the topmost payroll compliance services.

Nowadays, not only Start-Ups but well-established firms are opting to outsource the payroll function to external business partners in order to enjoy flexibility and control of running payroll without allocating internal resources and achieving surprisingly lowered costs.

Payroll Compliance Services

Benefits of Payroll Management Services

Our Payroll Management System enables you to take your human resource management system to a higher level. Indeed, even the best payroll management companies in India comprehend the significance of blunder free payroll management exercises.

With a broad scope of administrations, your association can appreciate a payroll process which is convenient and precise. Online innovation for employees guarantees to see Payslip, submit IT revelation, choose FBP, submit inquiry, Online Access to View/Print Salary Slip, Automated Attendance, Leave Import/Export Solution, Web-based Leave Solution, Reimbursement Management, Replace Excel to Web-based Processing of Payroll, Reimbursement, F&F, Reports Generation, e-challan Generation. Successful payroll organization can be an impetus for this adjustment.

You can consider payroll outsourcing as an accomplished supplier when you would prefer not to deal with all payroll compliance services and processes in-house. Solid payroll management companies in Bangalore offers a productive and better payroll management process for your association.

  • We Help You In Staying Ahead.
  • Cost Effective.
  • Zero Liability.
  • Time Efficient & Accuracy.
  • Minimal Paper Work.

Statutory Administration

TDS - Tax Deducted on Source

Online payment of TDS  Quarterly e-TDS.
Generation of digitally signed Form 16 Part B and 12BA,  Download of Form 16 Part A.
Filing of revisions.

PF - Provident Fund

New joiners – A/c opening, transfers and nomination forms Monthly return filing.
Annual return filing and deposit with PF Commissioner.
Assisting during periodic inspections.

Labour Welfare Fund

Calculation and filing of returns as per state specific rules.

Professional Tax

Calculation and filing of returns as per state specific rules.

ESIC

Maintenance of ESIC register (Form 6) Preparation and submission of
Form 1A – annual return.
Form 1B – change in declaration Receipt and disbursement of TIC card Monthly ESIC challan preparation and filing.
Preparation and submission of Form 5 Issue of ESIC – 37 to employees.

Scope of Work

  • Monthly payroll processing based on inputs provided Hr team from Various Locations.
  • Bonus, Variable Salary, Adhoc Payouts.
  • Tax Computation.
  • Bank Advice Statement.
  • Customized Monthly Payroll.
  • Full & Final Settlement processing.
  • ESI/PF/PT/LWF/TDS Calculations.
  • Query Management(Email/Telephone).
  • Quarterly and Year-end Tax processing (Form16, Form24)
  • Year-End Investment Proof verification.
  • Salary increment and arrear processing.
  • Tax and rent verification’s.
  • Full and final for resigned employees including all calculations related to notice period recovery,
  • Leave encashment, loan recovery, gratuity, rent, tax saving verification, provisional form 16
  • Generate statutory and MIS reports.

We at PITCS, Poonam IT Consulting Services provide end-to-end services in Payroll & Compliance covering 21 different rules and regulations. We have PAN India coverage and our payroll team provides 99% accuracy and 100% SLA month on month. We are considered the best payroll management companies in Bangalore. Currently, PITCS is able to process 100,000+ pay cheques every month.

payroll-cycle
Payroll Cycle

Payroll Compliances we work upon

  • Minimum Wages Act, 1948
  • Payment Of Wages Act, 1936
  • PF & ESI Returns
  • (15th of every Month)  Monthly Returns (24th of every month)
  • ESI (Half Yearly)  Apr-Sept, Oct-Mar
  • Annual Returns  (26th April)
  • Contract Labour (Regulation & Abolition) Act, 1971  List Of Registers

How we do it

  • Structured Induction
  • Salary Payment – Timely and Error Free.
  • Same Day Salary Disbursement.
  • Accurate and timely Payroll compliance services & Tax Computation Salary Slip , Maintenance  of attendance and Leave records.
  • Mode of Payment – Bank Transfer/Cheque / Dd’s
  • 100% adherence to Statutory Compliances.
  • Single Point of contact for queries.
  • Full and Final Settlement with last Salary.

When you get managed payroll compliance services, you get us as your advisors. You don’t take risk on your association. It basically fills your requirements and moreover makes you free from stress which always allows you to cover a mile extraaa.

    PITCS is an integrated IT solutions and HR Staffing service provider headquartered in Bangalore, India. Our offerings span across Software Services (Product Engineering, Application Development, Application Management, Mobile Application Development etc), Managed IT Services, Business Applications, HR Services.