Payroll Solutions

The payroll solutions at Valueline are very cost effective and detailed with in-depth knowledge on Indian taxation system. From timekeeping to taxes, we ensure that you effortlessly meet all regulatory compliances.We maintain at most confidentiality, intimacy, transparency, flexibility and integrity in payroll management, this way we are able to know employees better than merely gathering data base of personal information, thus win their confidence. Broadly one can divide payroll managment in to three components, which are generic and integral part of any payroll across segments.

• Elementary information about your employees
• Incomes and reimbursements of employees
• Deduction and recoveries from employees

Payroll management, assistance in making statutory and other necessary payments and organizing and updating records related to the Provident Fund, ESIC, PT and other labour laws etc. are being taken care by Valueline for our clients.

The Payroll deliverables to service and non-service industries which we provide includes:

• Monthly payroll and payslips processing.
• TDS and other statutory compliance computation.
• Management Information System (MIS) reports as per client requests.
• Payroll query management.
• Division wise salary summary and Division wise salary Register
• Bank/Cash/Cheque Statement and PF Register
• PF Challans and PF Form 12 A
• ESIC Monthly Register and ESIC Challan
• Income Tax Summary and Professional Tax Challan Summary
• Advance statement and Loan Outstanding statement

Important Statutory Provisions

Out of various statutory provisions the below 3 are the most important enactments by union government and applicable across the country. Our highly process driven payroll management systems are compliant to both state and central governments across the country.

• Income Tax Act 1961
• Employee's Provident Fund and Miscellaneous Provisions Act 1952
• Employee State Insurance Act 1948