Payroll & Compliance Management
You want to retain your talent pool, but the costs of managing this pool can be high! It’s not salaries and wages that are the problem; it’s the additional hidden costs in managing payroll which is the problem. When you transfer your employee to TCG payroll, you’re paying only for the time your employee actually works; No additional costs for managing and retaining an employee. Many companies find that Payroll Administration is a very complex, exhaustive and time-consuming process. At TCG we can help your company process payroll for your direct employees through our very competitive payroll technology platform.
We also offer superior control through our competitive payroll technology along with the ease and peace of mind for tax filing and other PAN India Statutory Compliance services. Depending on client organization’s size, industry and budget, TCG can provide a solution which best suites client’s need and meets the client’s expectations.
Benefits of Payroll Services
- Time Saving
- Cost Saving
- Confidentiality
- Flexibility
- Convenience
- Accuracy
- Compliance
- The whole extent of Payroll Management services include:
- Payroll Processing: Our team of payroll experts and competitive technology allows us to do accurate monthly payroll processing of varied complications for our clients across industry verticals.
- Employee Self Service:
- This include:
- Pay slip interface
- Reimbursements Processing
- Income Tax Declaration
- Flexible Benefit Plan (FBP) Administration
- Statutory Compliances: We assist clients with various statutory regulatory compliances like handling with central, state and local body regulations, PAN India through our strong country-wide network of associates. The various compliances that we manage are:
- Minimum Wages Act
- Payment of Wages Act
- Maternity Benefits Act
- Employees Provident Fund (PF) & Miscellaneous Provisions Act
- Gratuity Act
- Employees’ State Insurance (ESI) Act
- Shops & Establishment Act
- Labor Welfare Fund (LWF) Act
- Tax Deduction at Source (TDS)
- Professional Tax
- Trade License Registration
- 24X7 work approval
- Contract Labor Regulation Act
- Employment Exchange (Notification of Vacancies) Act
- Similar other Regulations as applicable for the establishment
- Comprehensive Reporting: Our comprehensive Payroll reports and Payroll Analytics aid clients in making more accurate business decisions
- Reimbursement Processing: TCG Payroll Vertical takes care to the complete extent regarding reimbursements, whether CTC related reimbursements or Business related reimbursement for our clients.
- Payroll Helpdesk: Payroll helpdesk provide employees with quick resolutions as per defined SLAs using an email/internet based or a voice based helpdesk
- Enhanced data security: TCG’s state of the art IT and security infrastructure ensures that your data is backed up on a regular basis and is secure