FISCALNOW

Payroll Services

  • it’s super simple
  • completely online
  • hand-holding support
  • instant response & consultation

Know More

ITR-1 @ Rs. 699/-

This pricing plan includes free consultation

Fill inquiry form below to pay later

ITR-2 @ Rs. 1099/-

This pricing plan includes free consultation

Fill inquiry form below to pay later

ITR-3 @ Rs. 1999/-

This pricing plan includes free consultation

Fill inquiry form below to pay later

ITR-4 @ Rs. 1499/-

This pricing plan includes free consultation

Fill inquiry form below to pay later

Payroll Services

An Overview

Payroll services encompass the administration of employees’ financial records, including salary payments, tax withholdings, bonuses, and deductions. These services also handle tax filings, compliance with labor laws, and maintaining accurate financial records related to employee compensation.

A professional payroll service provider manages various aspects such as calculating wages, processing payments, generating payslips, and ensuring timely deposits of salaries into employees’ accounts. Additionally, they handle tax deductions, including income tax, social security contributions, and other mandatory deductions.

By outsourcing payroll services, businesses can streamline operations, reduce errors, ensure compliance with tax regulations, and free up time to focus on core business activities. It offers peace of mind, accuracy, and efficiency in managing an essential aspect of any organization – employee compensation.

 
 
 

Information / Documents Required

General Documents / Informations Required from all assessees:

 

  • Employee Information:

    • Employee details such as name, address, contact information, Social Security Number or Tax Identification Number (TIN), and bank account details for direct deposits.
  • Payroll Records:

    • Records of hours worked, overtime, leave, bonuses, and commissions.
  • Tax Forms:

    • Employee withholding forms such as W-4 (in the U.S.), which determines tax withholding from paychecks.
    • Employer identification number (EIN) or business registration details.
  • Benefit Information:

    • Details of any employee benefits like health insurance, retirement plans, or other deductions.
  • Tax Information:

    • Tax rates, state or local tax regulations, and any other relevant tax-related documentation.
  • Employment Contracts:

    • Any employment agreements or contracts outlining terms of employment, compensation, and benefits.
  • Labor Law Compliance:

    • Compliance documents ensuring adherence to labor laws, employment standards, and regulations relevant to the industry or location.
  • Business Registration Documents:

    • Documents proving the legal existence of the business, such as incorporation papers or business licenses.

Due Date

Generally, the due date for filing of an Income Tax Return is 31st July of finacial year. However, if an assessee is a partner in a LLP or Partnership Firm which is subject to tax audit under the Income Tax Laws then due date in such case would be 31st October.

Note – Considering various factors, goverment may extend the due date of filing an Income Tax Return. However, we suggest not to wait for the extensions and get your ITR filed by us on time.

Benefits

Payroll services typically include various tasks such as calculating employee wages, handling tax deductions, generating paychecks or direct deposits, managing benefits and deductions, and ensuring compliance with tax laws and regulations.

The cost of payroll services varies based on factors like the number of employees, services required, frequency of pay runs, and additional features. Some providers charge a base fee plus a per-employee fee, while others offer tailored packages.

Payroll service providers stay updated with tax regulations, calculate tax withholdings accurately, file necessary tax forms, and ensure timely payments to tax authorities. They keep abreast of changes in tax laws to maintain compliance.

Yes, payroll services can manage employee benefits such as health insurance, retirement plans, and other deductions like union dues or garnishments. They accurately calculate and deduct these amounts from employee paychecks.

Reputable payroll service providers employ robust security measures to protect sensitive payroll data. They use encryption, secure servers, and adhere to strict confidentiality protocols to safeguard sensitive employee information.

In case of errors, professional payroll service providers take responsibility for rectifying mistakes promptly. They conduct audits to identify errors, make necessary corrections, and ensure that employees receive accurate payments without delay.

 

Inquiry

Note – In case you are not able to fill this form contact @ 91-9871023251

lets get started

you can rely us, as your information and data is 100% safe and encrypted ......