What is Payroll Management?

Payroll is a method of administering employees’ salaries in an organization. The process consists of calculation of employee salaries and tax deductions, administrating employee benefits and payment of salaries. Payroll system can also be called as an accounts activity which commences the salary administration of employees in the organization.

Our Payroll Management System is fully integrated with accounts and give’s the benefits of simplified Payroll processing and accounting.

AcTax Services for Payroll Management

Our Payroll Management System is fully integrated with accounts and gives the benefits of simplified Payroll processing and accounting.

1. Managing Employee Information Efficiently.
2. Define the emoluments, deductions, leave etc.
3. Generation of Pay-Slips.
4. Generate and Manage the Payroll Processes according to the Salary Structure assigned to the employee.
5. Generate all the Reports related to employee, attendance/leave, payroll etc.
6. Monthly Salary Register Preparation. 
7. Handling of Gratuity & Other Employee benefits.

What is the ESI Scheme?

Employees’ State Insurance Scheme of India is a multi-dimensional Social Security Scheme tailored to provide Socio-economic protection to the ’employees’ in the organized sector against the events of sickness, maternity, disablement and death due to employment injury and to provide medical care to the insured employees and their families. 

ESI is mandatory for companies/businesses with more than 10 employees. Click here to know more about ESI Scheme. 

ESI is a social security and health insurance scheme for Indian workforce. ESI is managed by Employees’ State Insurance Corporation (ESIC) as per the rules and regulations mentioned in ESI Act 1948. 

AcTax services for EPF & ESI

1. EPF & ESI Code No Registration & Amendments.
2. EPF Monthly contribution filing.
3. ESI Generation of Monthly Contribution Challan.
4.  Timely remittance of monthly statutory contributions
5. Issuance of ESI Numbers / Generation of Insurance Cards.
6. Issuance of Certificate of Coverage from EPFO. 
7. Periodical preparation & submission of all statutory registers & returns as per statutory periodicity.
8. Facilitate employees in getting Transfer In, Transfer out, Withdrawals & Pension Claims.
9. Helping the employees in getting ESI benefits (Accident Claims and Medical claims etc.).
10. Coordinate with the client in handling inspections by statutory authorities.