|
|
Statutory compliances |
Payroll firms understand tax law. It's their business to be updated with the government rules and regulations. If there is any mistake, RDK Payroll Solutions will make corrections while hand lingany errors. Thus you can avoid interest and penalties.
Payroll processing involves much more than simply writing checks. It requires handling every detail related to timekeeping, taxes, payments, direct deposits, and compliance. Systems and features vary among payroll processing companies.
- Attendance and leave records
- Salary and wages register
- Calculation, deposits and returns of PF and ESI as required by the relevant law
- Any correction of client records in EPFO and ESIC departments
- Professional tax, if applicable
- Labour welfare fund
- Computation of withholding taxes-TDS
- Receipts and verification of declaration and proof
- Preparation and filing of quarterly TDS return in Form-24Q
- Generation of TDS certificate in Form 16
|
|
|
|
|
|
|
|