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If you are spending unreasonableamount of time, energy andresources managing your payrollchallenges, then you shouldconsider Payroll outsourcing.
INDIA | AFRICA | UAE
EXPERT ATPAYROLL PROCESS
Why Payroll Outsourcing?
Ensuring timely and accurate salaryprocessing for its employees is a mustfor every business, but it is easier saidthan done. How do you go aboutmanaging varied salary structures?How about factoring in dynamic HRinputs like leaves, loan advances, re-imbursements etc.? If you are takingcare of all of this, have you been ableto comply with the changing tax andstatutory regulations? PayrollOutsourcing provides you the answers
to these challenges.
Payroll outsourcinghelps you to gaincontrol over thepayroll process andfrees up considerableresources, equipment,time and bandwidth.Today, this is thepreferred choice oversetting up andmanaging an in-housepayroll competence.
SAVE TIMESAVE MONEYAVOID PANALTIES
Outsourcing your payroll canprovide your business with anumber of important benefits thatallows you to focus on your corebusiness
WE CARE
Consolidate Payroll Inputs
ProcessPayroll
MeetStatutory
Compliances
Global HR provides end-to-endmanaged payroll services to itscustomers, so that they can focus onrunning their business. Fromconsolidating HR & employee inputs, toprocessing payroll and creating thebank file, Global HR helps you manageit all. Global HR also manages allrelated statutory deductions and filings
related to the same.
Global HR has consistently ensured over99% accuracy in payroll processing acrossits engagements. Global HR offers end-to-end services in payroll processing, frombasic payroll calculations, meetingstatutory compliances, facilitatingtransparent employee communication,while ensuring complete confidentiality.
END TO END
Consolidating Inputs
Admin inputs from HR/Finance organizations. This could includeStandard payroll inputs like salary break-up information by employee etc.Special payroll inputs like exit employees, bonus information, Awards, leave related rulesPossible to enter manually or bulk upload using online payroll software
Employee inputsTax related declarationsLeave informationPayroll & non-payroll re-imbursementsAll inputs provided through online payroll software
Third party inputsAttendance information from swipe or biometric attendance systemsLeave information from 3rd party HR software, if applicable
Providing Outputs & Reports
Admin reportsPayroll register, Bank fileVariance report, payroll summaries by location, unit
Employee reportsPayslipsTax statementsPF & other Fund related statements
STATUTORY COMPLIANCESActivitiesRegistration of the company with Income Tax, Provident Fund, Professional Tax, Employee State Insurance, Labour Welfare Fund AuthoritiesCalculation & Deduction of the respective statutory duesEmployee wise Statutory dues reporting to the ClientPreparation of Challan and remittance of the dues in bankPreparation of Monthly, Half Yearly, Annual and random returnsCollation and compilation of employees' documents for Registration, Nomination, Transfer, Withdrawal and PensionSubmission of Management and Employee related documents/returns with the respective statutory bodiesLiaision with Statutory bodies
Reports
Income TaxQuarterly eTDS returnsAnnual eTDS returnsForm 27AForm 16 alongwith Form 12BA and Annexure (Digital/Manual Signature)
Provident FundForm 2 - Nomination DetailsForm 5 - List of New JoineesForm 10 - List of ResigneesChallan (Account No. 1-2-10-21-22)Form 12A - Reconciliation of Monthly payable and paid amountsForm 3A - Personwise Annual Return - Individual Contribution CardForm 6A - Consolidated Statement of All PF Subscribers for Current Financial Year.Yearly Reconciliation of payable and paid amount - In prescribed formatEmployee PF Transfer - Form 13PF Withdrawal Forms - 19Pension Withdrawal - 10C
Professional TaxMonthly Return cum Challan
ESICForm 1 - Nomination DetailsMonthly ChallanForm 6 - Half Yearly Return
LWFReturn Cum Challan - A1
PAYROLL PROCESS
Employer Inputs(Soft Copies/Templates)
New JoineesAttandanceMaster ChangesOne time paymentsRecoveriesF&F settlements
Employee Inputs(Portal/Hard Copies)
IncomeTax DeclarationReimbursementsFlexi compensatinsYear end proffsEmployee poll
PAYROLL ENGINE
Input Data UploadSingle click payroll engineValidationPay CalculationArrear CalculationInbuilt Tax ValuationInbuilt Statutory ComplianceFormula Driven Calculation
Output – Client
Salary RegisterVariance ReportSummary – PT, TDS, PF, etcFinancial JVManpower Reconciliation Net Pay ReconciliationBank File ( Multi-Format)Balances of LTA,
Medical ReimbursementsYTD Pay Slips ( Monthly Salary)Location / Cost – Centre
wise Payroll summaries
Output – Employee (Web)
PayslipTax Computation sheetReimbursement BalCTC Reconciliation
HEAD OFFICE
4th Floor, Kirtan Complex,Near Mithakhali Underbridge,
Navrangpura, AhmedanadGujarat : 380009, India
079 65457167 079 40307163www.globalhr.asia
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