Managing payroll is a critical but time-consuming task that demands precision, confidentiality, and compliance with various labor and tax laws.
At VRG & Associates, we offer comprehensive payroll management services that ensure your employees are paid accurately and on time, while your company stays fully compliant with statutory regulations.
Payroll Processing:
Monthly computation of salaries, bonuses, reimbursements, deductions (PF, ESI, TDS), and net payments.
Payroll Compliance Management:
Handling Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Labour Welfare Fund (LWF), and other mandatory filings.
TDS on Salaries:
Calculating and deducting correct TDS amounts and filing quarterly TDS returns (Form 24Q).
Payslip Generation:
Issuing accurate and timely digital payslips to employees with detailed salary breakup.
Employee Reimbursements:
Managing claims for travel, medical, conveyance, and other business-related expenses.
Full & Final Settlements:
Processing full and final settlements for exiting employees, including leave encashment and gratuity.
Payroll Reports and MIS:
Customized payroll reports, compliance reports, and analytics for management review.
Salary Structuring Advisory:
Optimizing salary structures for tax efficiency and employee satisfaction.
Employee Tax Declarations:
Collection and verification of employee investment proofs for accurate TDS deduction.
Year-End Tax Documentation:
Preparation and issuance of Form 16 to all employ