Payroll processing is a critical function that directly affects employee satisfaction, statutory compliance, and overall business efficiency. It encompasses salary calculation, tax deductions, reimbursement management, and timely disbursement all while staying aligned with dynamic labor laws and regulatory frameworks.
Modern businesses demand payroll systems that are not only accurate and timely but also capable of adapting to various salary structures, perquisite rules, and reimbursement policies. Payroll is no longer a simple monthly task it requires precision, automation, confidentiality, and compliance at every step.
This service covers the end-to-end management of payroll including salary processing, bonus payouts, incentives, and reimbursements like fuel, mobile, and travel allowances. Each payout is thoroughly validated against internal policies and supported with appropriate documentation and audit trails.
Also included is perquisite valuation ensuring tax-efficient treatment of benefits like HRA, LTA, company-provided assets, and medical perks. Taxable and non-taxable components are calculated as per Income Tax rules and clearly reflected in salary slips and Form 16.
For companies managing exits or employee transfers, this service provides seamless handling of final settlements, gratuity computation, and leave encashments, while ensuring statutory and legal accuracy. It allows HR to offload complex processing and focus on core operations.
The system is further enhanced with customizable salary templates, monthly MIS reports, and integrations with compliance modules for TDS, PF, ESI, and professional tax filings ensuring full visibility and transparency for both employer and employees.
Integrated calculation and disbursement with full audit support.
Proper TDS, surcharge, and perquisite handling under applicable laws.
Timely generation of full-and-final statements, gratuity, leave pay.
We don’t believe in one-size-fits-all auditing. At Pawan Lohia & Associates, every Risk-Based Internal Audit begins with an in-depth understanding of your business model, industry dynamics, and regulatory exposure. Our team collaborates closely with your internal stakeholders to prioritize risk areas, define scope, and execute detailed audits with a strategic lens.
The service includes monthly salary computation, deductions (TDS, PF, ESI), reimbursements, perquisite taxation, payslip generation, bank-ready disbursement reports, Form 16 creation, compliance reporting, and final settlement handling.
Yes. Employees can submit claims for fuel, travel, phone bills, etc., which are validated against predefined policies. Once approved, they are included in payroll with proper tax treatment ensuring transparency and ease.
Perquisites are taxed as per rules defined by the Income Tax Act. The service calculates taxable and exempt portions for each benefit, ensuring that they are correctly reflected in salary statements and Form 16 for accurate year-end filing.
Yes. Once HR notifies the exit, the service takes care of all full-and-final settlement aspects notice period pay, leave encashment, gratuity, pending reimbursements, deductions, and final payslip generation along with settlement reports.
Monthly reports for PF, ESI, TDS, and Professional Tax are auto-generated. Additionally, Form 16 (annually), TDS returns (quarterly), and payroll MIS reports can be scheduled based on management preferences.