subject: Internet Based Payroll Management And Outsourcing Solutions [print this page] TalentProIndia.com is a pioneer in providing payroll and salary outsourcing solutions in India. The achievement is largely due to its ability to map existing and anticipatory needs of their clients into definitive solutions while enduring to maintain quality and ensuring customer satisfaction. The actual aim behind all our deliverables is to allow customers to achieve the best benefits by providing the most comprehensive, quick and appropriate Outsourcing solutions. The organization is dedicated to offer the best industry solutions to our customers. The quality systems at TalentProIndia match the best in the market, and have provided significantly to our performance and growth. At TalentProIndia we implement clearly documented procedures that meet international rules and are well supported by the best tools for the job. It is further backed up by frequent cross- functional audits and a organization- wide culture of continuous improvement.
Payroll Outsourcing
* Preparation of salary sheet for the company for Workers (pay sheet shall be prepared as per the cost centers and destinations provided by the corporation).
* Preparation of regular pay slips and delivery in separate covers for each employee. (Internal distribution of the envelops shall be the responsibility of the Company.
*While organizing the monthly pay consider - TDS on earnings, PF and loan installments.
* Preparation of the Bank Transfer advice and monthly accounting and reconciliation of the bank account from where salary shall be disbursed.
* Preparing of challan of month-to-month TDS amount. The deposit & selection of the TDS challan from the standard bank will be the job of the Organization.
* Provide monthly-consolidated amounts of income in proper balances heads for sales. Provident Fund - Preparation of the statement of Provident Fund dues.
* Transfer of provident fund money to the RPFC.
* Assistance to the Organization, during inspection by the PF regulators.
* Preparation of challan of per month PF amount and filing of regular returns. Reimbursements
* Verification of claims as per the regulations issued by the organization and looking at taxability as per the income.
* Statement of monthly reimbursements as per the guidance given by the operations.
* Maintenance of records of such reimbursements for each worker and entitlement thereof.
* Payment of payments on every thirty days basis.
Annual Assignments
* Computation of approximated Taxable earnings based on the data provided by the organization and update before year-end for final deduction of tax.
* Preparation of TDS certificates for workers on annual basis as required under Income Tax Rules.
* Preparation of TDS results and filing the same with Tax department.
* Calculation of once-a-year bonus as per the guidelines given by the management.
* Prepare and provide information of income for Directors report as required u/s 217 of the companies Act 1956* Provident Fund - preparation and filing of annual return in form 3A and 6A.