Dear Seniors, I would be thankful if you let me know the complete payroll processing like salary-break up, ESI/PF formalities, rules related to bonus, gratuity, leaves, tds etc..
Is there any source from where I can get the complete information?
Thanks & Regards

From India, Mumbai

Understand the behavioral aspects at individual as well as organizational level →
Promoted: IIM Raipur Executive Development Program In Human Resource Management
Your questions are general not specific first of all you must mention are you working or non working or fresher , if working using any payroll software or not . For PF ESI BONUS, GRATUITY please refer acts.
Please specify your requirement so that you may get needful.

From India
Dear Seniors ,
Is it necessary to have a different bank account for PF deductions in salary ?If I am not having the PF Account in any bank then will I can deduct PF or not ?
I am just a fresher to the industry .So,kindly advice by which I shall be obliged.
Thanks & Regards ,

From India, Rampur
Dear Seniors,
I would be thankful if you let me know the complete payroll processing like salary-break up, ESI/PF formalities, rules related to bonus, gratuity, leaves, tds etc..
Is there any source from where I can get the complete information.
Thanks & Regards

From India, Mumbai
For deducting PF no need of Bank account. When you resign the job and want to withdraw the PF ammount you need bank account. It is advised that dont withdraw the PF amount just transfer the PF amount to new company.

From India, Bangalore
Dear Ravina and TVM
You have asked very lengthy details.
Salary depends upon the Package or the CTC (cost to company). It comprises of Basic Pay, DA, HRA, CCA, and other Allowances (like conveyance, uniform, tiffen etc.)
Deductions comprises of "Statutory Deductions" like EPF@12%/ESI@4.75@/PT@ prescribed/TDS@for individuals etc.) as well as "On Account" deductions (like advance/loan installments/LIC/Savings/fine/penalty etc).
The difference between the two is the "Carry Home Salary".
Bonus and Gratuity are annual and terminal benefits respectively.
Dear Paranti Devi,
You do not have to have a Bank Account for PF. PF is deducted from your salary and is deposited with RPFC who maintain your account. You need to have a Bank Account for the credit of your Salary to your account. You can also mention this Bank Account to RPFC Authorities at the time of withdrawing the deposits from your PF Account.

From India, Chandigarh
Dear Ravina,
All wages must be above the minimum wages for concern grade workers/staff and later on your company can decide the wages structure by keeping in mind all regulations of ESI/PF/Gratuity/Bonus/leaves/TDS etc...
Please write to my company for more details at
will advse you in a better way.
Dear Pranati,
If any deduction in PF,employer must have PF account(in EPF department),please check with your employer or authority by giving reference of PF deduction.
Best REgards

From India, Delhi
Hi can any anybody help me out by sending the list of statutory registers maintained in a Factory under various Labour Laws. Bhagwan dash
From India, Bilaspur
Wishing you a great day!

I am Madhu Kotla (Business Development Executive) of 2x12 Software Solutions Pvt. Ltd., one of the Leading HR & Payroll Service Provider. The 2x12Suite of advanced business applications has been evolving since 2007and has enhanced business efficiency across the globe. Conceived by a team of professionals, focused on developing cost-efficient software solutions for specific industry requirements, the 2x12 Suite today stands for a wide range of comprehensive, versatile business management applications. For you, the 2x12expertise enables production of customized solutions on short implementation cycles.
1. High quality deliverables
2. On-Time, On-Budget project delivery
3. 100% maintenance & Support guarantee
We provide solutions in client-server technologies, database maintenance, and web based technologies, e-commerce, networks etc. Solution strategies include all critical phases of software development life cycle, languages and tools for analysis of requirements, detailed designing, coding, testing, debugging, fine tuning the existing functionalities and implementation. We also specialize in Managed Services domain.

Hence I seek an appointment with you to discuss on your esteemed company's Payroll processing. I would appreciate a 15 minute meeting with you at your convenience.
Simply reply to this thread or call me at +91-9030011016 and we can fix an appointment.
Online or Direct demo On Honey HR and Payroll will be provided based on your convenience.

Features of Honey HR & Payroll Solution
·Applicant Details
·Employee Re-Creation
·Employee Data Import
·Personnel Details
·Interview Process
·Appraisal Process
·Employee Resignation
·No Due Transaction
·Employee Relieving Process
·Pay Items
·Direct Payments
·Range Details
·Salary Structures
·Reprocess Payroll
·Rollback Salary
·Stop Salary Payment
·Leaves & Salary Reconciliation
·Negative Salary Adjustment
¨Leave Management
·Leave Structures
·Leave Opening Balances
·Leave Applications
·Monthly Leave Transactions
·Leave Register
·Compensatory offs
·Optional Holidays
·Permission Card
·Attendance Register
·Employee Timings Entry, Import & Deletion
·Employee Permission Timings
·Daily Timing Report

·Insurance Types
·Insurance Policy Details
¨Loans / Advances
·Loans / Advances Items
·Loans / Advances Issues
·Loans / Advances Reports
¨Over Time
·OT Types
·OT Causes
·Daily OT Hours
·Monthly OT Hours
·Holidays On Payment
·OT Statement
·Shift Rotation
·Shifts Allocation
·Project Definition
·Project wise Man Power
¨Employee Tour Details
·Pay Slips
·Salary Statement
·Bank Statement
·Salary Analysis
·CTC Report
·Net Pay Sheet
·Pay Item wise Report
¨PF Reports
¨ESI Reports
·Employee Declaration
·Savings Proofs Submission
·Generate Challan and more.....

From India, Hyderabad
thank was very useful to me..i am ram..doing my second masters in psychology.. if any clarifications can i call to your number or email u..
From India, Bangalore

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Com™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server