To manage and track monthly salary slips, attendance, leaves, expense claims, TDS and PT returns for all employees in a timely and accurate manner, streamline your payroll services with ClearTax. Avail our free Form 16 at the end of the year with this plan. This plan is suitable for large businesses or businesses with 100 employees.
The payroll management process, in a nutshell, refers to the process of administration of a company’s employee’s financial records. This would include details of the employee’s salaries, incentives, bonuses, deductions, and net pay. An employer must maintain and keep these records as dictated by the law. Not complying with the Income Tax laws pertaining to employee records can be grounds for legal consequences.
Should be able to generate automatic payrolls Should help in creating accurate and fast Invoices and quotes Should be useful in filing Tax forms Must contain basic tax reporting tools Must contain tools for Vendor and contractor payments Should be easy to integrate with other in-house software Should make compliance easier
It is a system used by the companies to help handle the computation and maintenance of records of employee’s salaries in an efficient and effective manner. The information is all collated in one place which makes report generation easier.
Managed Payroll Services (Pro) offers enhanced services such as attendance management,leave management, ESS portal and expense claim management.
Yes, reports will be made available as and when requested in addition to the Form 16 already provided in the plan.
Yes, our solutions can either be scaled down or scaled up based on your needs, while we allow you to focus on the growth of your business.