1.Provident Fund (PF) Services

a. Overview:

• What is PF? The Provident Fund is a government-managed retirement savings scheme where both employees and employers contribute a portion of the employee’s salary. It provides financial security to employees after retirement.

b. Services:

• PF Registration: Assisting businesses in registering for Provident Fund with the Employees' Provident Fund Organization (EPFO).
• Contribution Management: Calculating and managing both employer and employee contributions to the PF account.
• Compliance: Ensuring compliance with PF regulations, including timely deposit of contributions and submission of required forms.
• Employee Records: Maintaining accurate records of employee PF accounts and contributions.
• Claim Processing: Assisting employees with PF claims, including withdrawals, loans, and settlements.
• Annual Returns: Preparing and filing annual returns with EPFO.

2. Employee State Insurance (ESI) Services

a. Overview:

• What is ESI? ESI is a social security and health insurance scheme for Indian employees. It provides medical, financial, and other benefits to employees and their dependents in case of sickness, maternity, or employment injury.

b. Services:

• ESI Registration: Assisting businesses in registering with the Employees' State Insurance Corporation (ESIC).
• Contribution Management: Calculating and managing the ESI contributions for both employers and employees.
• Compliance: Ensuring compliance with ESI regulations, including timely payments and submission of required documentation.
• Employee Records: Maintaining accurate records of employee ESI contributions and benefits.
• Claim Assistance: Helping employees with ESI claims for medical benefits, sickness benefits, maternity benefits, and more.
• Annual Returns: Preparing and filing annual returns with ESIC.

3. Payroll Services

a. Overview:

• What is Payroll? Payroll services involve the administration of employee compensation, including salary calculations, deductions, benefits, and tax withholdings.

b. Services:

• Salary Processing: Calculating employee salaries, including regular wages, bonuses, overtime, and other compensations.
• Deductions: Managing statutory deductions such as PF, ESI, income tax, and other deductions (e.g., loan repayments, advances).
• Tax Calculations: Calculating and withholding applicable taxes, including income tax under the Income Tax Act.
• Payslips: Generating and distributing payslips to employees detailing their earnings, deductions, and net pay.
• Compliance: Ensuring compliance with labor laws, tax regulations, and other statutory requirements related to payroll.
• Record-Keeping: Maintaining accurate records of payroll transactions, tax filings, and employee benefits.
• Reporting: Generating payroll reports for management, audits, and statutory compliance