We are a company that specializes in managing Payroll Operations for Corporates for the past 11 years. There are several advantages to Corporates who outsource their entire Payroll Division to a third party like our company. We undertake the responsibility for processing the salaries, calculating the TDS, incorporating statutory deductions and preparing the challans for PF, Profession Tax, and ESIC, creating database files for various banks for direct credit of salaries, preparing the Quarterly e-TDS returns, etc. At the end of the financial year we also process the Form 16’s for every employee and the Form 217 for the client.

 



Corporates find this a cheaper and more efficient approach rather than buying the Payroll Software and then employing staff for creating and managing salaries. In this approach the overheads of maintaining the software and having it modified every year as per the latest Finance Bill is avoided by the client. Further, this model ensures continuity of services with well defined costs.



A few years ago we extended our services to managing various HR functions as well. These include designing the Salary Structure to enhance the Tax benefits to Employees (while maintaining the prescribed CTC) and ensuring all Statutory Laws and regulations are adhered to. We also provide Guidance on creating policies for the Employee Handbook and the Company HR Policy manual



Regards

Sapna Jethani

9821070700

Japonica Enterprises