- Payroll Services
Payroll Services
Payroll Services
MWs support the management by processing its payroll and maintains the confidentiality of the information. MWs has an expert team along with the leading technology to maximize the efficiency of processing the payroll.
Set-up Services
- Inputting the employees information into the payroll software for processing the payroll which includes personal details, official details, declaration, pay structure, etc
- Preparation of payroll calendar for the year to track the deliverables
- Standardization of reports for input of data for processing the payroll and output payroll information
- Verifying and complying the statutory registration applicable to the company
On-going Services
- Sharing of employees investment declaration form for the year
- Preparation of Payroll register
- Adhering to payroll compliances by complying with the statutory deduction applicable on the salary of the employee as per the requirement of law
- Distribution of payslips to the employees
- Preparation of tax estimates and share with the employees on monthly basis
- Uploading of salary payments on the banking portal for authorization
- Computing the leave encashment and gratuity
- Disbursement of statutory liabilities to the respective statutory departments
- Maintaining the shop and establishment records as per the requirement of law
- Computing the perquisite value and taxes on the same
Exit Services
- Calculating and maintaining the records for full and final settlement of employees
- Support for withdrawal of Provident fund of the employees
- Support for transfer of Provident fund to new employer