Payroll, PF & ESI Compliances

Payroll, PF & ESI Compliances

Payroll compliance or statutory compliance in India refers to the legal framework which companies or organizations must adhere with regard to the treatment of their workers or employees. Every employer is required to comply with the laws applicable in relation to the employees hired in their organization.Everything from being compliant to the minimum wages payment to maternity benefits to provident funds needs not only a lot of time but also experts who can give advice on all of these compliance measures. Payroll management is not just computing the salaries payable to the employees. It also involves computation of income tax deductions, handling contentious issues like supporting documents for medical reimbursements, conveyance expenses, HRA, PF/ESI, leave travel assistance etc. A lot of misunderstanding arises on account of these issues.Every employees total compensation is built into payroll. Usually everyone has to go annual performance evaluations by their managers after which they are either given an increase in their salary or a bonus or both.

Irrespective of the size of the organisation, payroll plays a huge role in maintaining the morale of employees to the financial stability of the company.Usually everyone has to go annual performance evaluations by their managers after which they are either given an increase in their salary or a bonus or both.

We at AeTx Consulting Private Limited make sure that

  1. We have correct personal information of each employee of your company.

  2. Your Company's payroll information is submitted on time.

  3. Make sure the correct salary information and tax codes are used in the ledger.

  4. On any claims check the local laws governing employee expenses.

  5. We audit the entries for errors and make any adjustments if necessary.

  6. Appropriate cost accounts are used and reconciled.

  7. All statutory deductions like EPF, TDS, ESI are deducted at the time of processing payroll.

Story / Achievement / reaffirmation about our services

AeTx follows the latest regulatory changes,industry trends , innovation around payroll and all compliances that will have an impact on payroll processing.We advise on all the compliance measures from minimum wages payment to maternity benefits to provident funds.Clients trust us since we comply with payroll and employment laws and hence avoid the potential legal trouble a company could get into.

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Feel free to contact us at [email protected] or mobile/Whatsapp +91 9810555783 for further information and take things ahead.