Payroll
Such services include preparation/creation of Masters of employees, compilation of Investment Declaration from applicable employees (as per the tax bracket) at the beginning of Year, Calculation of Tax Liability of each employee in advance and start deducting tax (TDS), deduction and deposit of TDS, PF & ESI and filing of return as per the applicable laws, Salary Processing on a specified date,Preparation of detail for Direct Transfer to Bank a/c (as applicable), Final calculation of withholding tax at the year end on the basis of actual investment proof, Full & Final settlement of employees leaving the Company and Issuance of Form 16 to each employee within the stipulated time period.