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Payroll Processing in India
Accurate monthly payroll — salary computation, payslips, payroll register, TDS on salary, and CTC structuring for maximum employee and employer tax efficiency.
Payroll is more than simply paying salaries — it involves computing gross pay, applying PF, ESI, professional tax, and TDS deductions correctly, generating payslips, maintaining the payroll register, and ensuring timely deposit of all statutory deductions. Errors in payroll can lead to employee dissatisfaction, labour disputes, and penalties from PF/ESI/Income Tax authorities.
AAA Global LLP provides monthly payroll processing for businesses of all sizes — from small 5-person startups to growing companies with 100+ employees. We ensure accurate, compliant, and confidential payroll every month.
What Our Payroll Service Includes
- Gross to net computation — Calculating gross salary, all deductions (PF, ESI, PT, TDS, LWF), and net take-home for every employee.
- Payslip generation — Professionally formatted payslips for each employee — emailed or provided for distribution.
- Payroll register — Complete payroll register maintained for audit and compliance purposes.
- TDS on salary (Section 192) — Monthly TDS computation based on each employee's investment declarations and regime choice. Form 16 at year end.
- Statutory compliance — PF, ESI, PT challan generation and deposit tracking every month.
- CTC structuring — Designing salary structures that maximize in-hand pay for employees while minimizing employer costs — HRA, LTA, food allowance, etc.
PF & ESI Deductions
- PF (Employee) 12% of basic salary + DA (subject to wage ceiling of Rs. 15,000 for mandatory contribution)
- PF (Employer) — 12% of basic + DA — split as 3.67% to EPF and 8.33% to EPS (pension)
- ESI (Employee) — 0.75% of gross wages (applicable on wages up to Rs. 21,000/month)
- ESI (Employer) — 3.25% of gross wages
- Professional Tax — Varies by state — typically Rs. 200/month for salaries above Rs. 15,000 in Punjab
Frequently Asked Questions
01Is PF deduction mandatory for all employees?
PF is mandatory for establishments with 20+ employees, for employees earning up to Rs. 15,000/month (basic + DA). Employees earning above Rs. 15,000 can opt out of PF voluntarily. We advise on PF applicability and opt-out procedures.
02 What is Form 16 and when must it be issued?
Form 16 is the TDS certificate issued by the employer to every employee from whose salary TDS has been deducted. It must be issued by June 15 each year for the preceding financial year. Form 16 Part A is generated from the TRACES portal; Part B we prepare.
03 Can payroll be outsourced for a company with 5 employees?
Absolutely — in fact, outsourcing payroll is most cost-effective for small businesses, since you avoid the cost and complexity of maintaining payroll software and staying current with PF/ESI/TDS compliance changes.
Need Help ?
Contact Info
- +91 90150-53820
- info@aaaglobal.com