Payroll Management System with ServicesPlus
At ServicesPlus, our chartered accountants and accounting & taxation experts will take care of your end-to-end payroll processing and compliances in the most efficient way. Our payroll services cover the following:
CTC or cost to the company is the total salary package the company pays to an employee directly or indirectly. CTC is inclusive of basic pay, allowances, reimbursements, gratuity, annual bonus, annual variable pay, etc. It may be defined as CTC = Gross Salary + PF + Gratuity.
Labour law in India governs employers, employees, and trade unions, with a primary focus on the protection of employee rights. All organizations in India are required to adhere to various statutory compliances as set by different acts of the labor law.
All employers are required to file EPF returns on a monthly basis by the 25th. In the event of labor non-compliance, a company may be penalized or its officials may be imprisoned for a period of up to three years. At ServicesPlus, our legal professionals can identify the labor compliance that is applicable to your business and offer you the right guidance. We also ensure timely mandatory labor compliance filings are executed without delays.
Planning of tax payments is essential for salaried individuals as it helps save on taxes. Depending upon your business entity, employees’ designations, and salary components, our taxation professionals can offer the best advice on tax savings in line with the latest amendments and rules.
According to the Income Tax Act, every earning individual or company making payments like salary, commission, interest, etc. are required to deduct a percentage before paying the full amount. This is tax deducted at source or TDS.
Reimbursement is the amount paid for costs incurred. Some organizations pay the employees back for business-related travel expenses, medical allowances, food and entertainment expenses, etc.
Right from reporting claims to reimbursements, ServicesPlus killed professional help including your company’s reimbursement policies. If you want to define reimbursement as part of your employee salaries, then we can design the salary structure in a way to ensure all tax compliances are fulfilled (online salary slip generator).
An employment agreement lays down the conditions of employment and the rights, responsibilities, and obligations of both parties during the tenure of employment. This agreement also helps employees in getting a fair understanding of the job responsibilities and the expectations of the company. In addition, it serves as proof in the event of a dispute or misunderstanding among both parties.
ServicesPlus legal documentation specialists are adept at creating employment contracts for your consultants, freelancers, part-time, full-time, and contractual employees.
Every company functions on the basis of certain guidelines, which are set by the top management and the HR team. These guidelines may include the code of conduct for employees, their duties and responsibilities, the company’s obligation towards the workers, discrimination policies, what activities are considered offensive by the company, employee benefits, disciplinary actions, etc.
Our experts will give you the soundest policies for your industry based on our vast experience and learnings from operating within so many different industries and sectors.
Leave policies are regulated by the state legislations’ Shops and Establishments Act and Factories Act as applicable. Generally, all state legislations hold a common provision where they provide seven holidays for national days and festivals. Hence, it is at your discretion to fix the number of leaves and our lawyers will help you frame it better.
Performance appraisals and salary hikes motivate your employees to perform to the best of their abilities. Appraisals provide them with comprehensive, honest feedback on their strengths and scope of improvement. We can assist you in planning out how to assign increments and appraisals to employees.
Request Call Back
How Company is Different?
Diverse Platforms, Systems & Tools Expertise
Company’s IT specialists are adept at both legacy and new-age platforms, systems and tools. We, thereby, comprehend client requirements easily and swiftly devise tools and strategies to mitigate client problems
Huge Technical Proficiency
Company employs IT professionals with specialties across languages and technologies. We are, therefore, in a constant state of readiness to deploy suitable IT experts to specific client needs
Wide Industry Base
We have clients across a wide range of industries and regions around the globe. This has given us the experience and insights into the unique considerations of different organization, thereby building our best practices compendium
Swift Design & Implementation
At Company, our team of IT specialists are quick in requirement assessment, design and implementation. Backed by adequate tests and comprehensive documentation, we offer a safe net to enterprises, shortening the time-to-operate and optimizing the resources
Our IT specialists are available for round-the-clock support and maintenance services. With Company, you experience no downtime!
Cost-Arbitrage with Cost-Efficiencies
At Company, we follow flexible pricing models that take into consideration client needs and limitations. Our tailor-made pricing enables our clients to effect cost efficiencies with a huge margin. At the same time, our price-points fit in easily with client’s digital transformation budgets
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
Have completed good work as like #company registration , #trademark registration and #gst registration
I received prompt service and accurate advice from these people. I would really recommend their services to anyone who is looking for genuine advice.
Very responsive and polite. Got my company registration in a week's time as my documentations were ready.
They are Best for Company Registration In Assam, I Just call them they did all the process on just single call, for me they are are best for Private Limited Company Registration In Assam.