Hr. Khaiser Ali Shah Started The Discussion:
Iwant to know the payroll procedure including the formulas and method followed by companies in India. I am a NRI from Saudi Arabia and planning to join an Indian company and this could be a good information for all others who entering or re-entering in Indian companies.
Please discuss about the procedure and methods involved in Payroll preparation of different Indian companies as per recommendations from Labor law, Factories Act and Generally Accepted Principles.
Khaiser Ali Shah
Payroll is an important activity in any organization. Payroll Insights has been specially developed by Farsight IT Solutions for automating Indian Payroll and Salary. With Payroll Insights it is possible to maximize the potential of HR and Accounts through timely and accurate Salary Processing, efficient handling of Reimbursements, Loans & Advances and Government of India statutory requirements including all PF and ESIC challans and TDS.
Flexible salary definition with formula/ slab etc.,
Integration with Time Machine etc.,
Data Uploads for various formats Excel, Csv, Txt etc.,
Strong functionality to handle statutory like ESI, PF etc.,
Flexible leave policy definition etc.,
HR details management,
TDS Computation, eTDS Generation & Printing of TDS certificates and Returns,
Flexible salary voucher generation module,
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