Why Choose KMG CO LLP for Payroll Services?
Our payroll processing services are designed to provide your employees with seamless access to salary statements, payslips, Form 16, available benefits, and other reports. Utilizing centralized payroll software, we maintain error-free, secure data records that are accessible for management review. With ethical practices and professional expertise, we ensure compliance with all payroll regulations, giving you peace of mind while saving you time and costs.
Key Payroll Services We Offer
Monthly Payroll Processing
Accurate calculation and processing of employee salaries, compensations, and outstanding payments.
Development of customized HR and payroll systems tailored to client needs.
Creation of detailed reports providing insights into employee salaries, taxations, and investments.
Generation of error-free payslips and maintenance of salary statements for future reference.
Investment Declarations and IT Returns Filing
Assistance in choosing optimal investment strategies for employees.
Development of an easy-to-use interface for submitting investment declarations.
Calculation of tax savings opportunities and guidance on tax planning for employees.
Year-end generation of Form 16 and support in filing IT returns.
Filing and Submission of Form 24Q
Accurate processing and filing of quarterly TDS returns under Section 192 of the Income Tax Act.
Comprehensive reconciliation of tax deductions and generation of Form 27A for client reference.
Assurance of timely and error-free submissions every quarter.
Employee Query Resolution
Dedicated professionals to address employee queries related to salaries, leaves, tax calculations, reimbursements, and annual bonuses.
Prompt and accurate responses to ensure employee satisfaction and clarity.
Our Outsourced Payroll Processing Methodology:
Employee Master Data Management
Monthly Information Sheet
Data Processing
Quality Checks
Payslip Preparation
Bank Transfer
Statutory Compliances
Reporting
Additional Benefits of Our Payroll Services
Centralized Payroll Software: Secure and efficient handling of payroll data accessible to clients for management review.
Compliance Assurance: Strict adherence to payroll regulations and legislative updates.
Cost and Time Savings: Focus on your core business while we take care of accurate payroll management.
Monthly Payroll Processing
Accurate calculation and processing of employee salaries, compensations, and outstanding payments.
Development of customized HR and payroll systems tailored to client needs.
Creation of detailed reports providing insights into employee salaries, taxations, and investments.
Generation of error-free payslips and maintenance of salary statements for future reference.
Investment Declarations and IT Returns Filing
Assistance in choosing optimal investment strategies for employees.
Development of an easy-to-use interface for submitting investment declarations.
Calculation of tax savings opportunities and guidance on tax planning for employees.
Year-end generation of Form 16 and support in filing IT returns.
Filing and Submission of Form 24Q
Accurate processing and filing of quarterly TDS returns under Section 192 of the Income Tax Act.
Comprehensive reconciliation of tax deductions and generation of Form 27A for client reference.
Assurance of timely and error-free submissions every quarter.
Employee Query Resolution
Dedicated professionals to address employee queries related to salaries, leaves, tax calculations, reimbursements, and annual bonuses.
Prompt and accurate responses to ensure employee satisfaction and clarity.
Employee Master Data Management
Monthly Information Sheet
Data Processing
Quality Checks
Payslip Preparation
Bank Transfer
Statutory Compliances
Reporting
Centralized Payroll Software: Secure and efficient handling of payroll data accessible to clients for management review.
Compliance Assurance: Strict adherence to payroll regulations and legislative updates.
Cost and Time Savings: Focus on your core business while we take care of accurate payroll management.
