Payroll Service in Bangalore

The quality and suitability of human resources is the key driving force of organizational growth. A highly professional team of MKDA helps you acquire the right talent most efficiently for the payroll outsourcing services. Incorporating the company/firms is the initial step in Hiring a full-time accountant and HR personnel. It is an expensive investment for a small enterprise. We have extended our accounting, payroll, reporting, and compliance services to support smaller companies. From consolidating payroll inputs to processing payroll and tax reports to meeting statutory compliance and filing ITR, we help you manage it accurately and efficiently.

• Payroll Processing and Compliance
• Employee self-service
• Query Resolution

• Deliver monthly payslips comprising relevant details.
• Choice of Flexi Benefit Plan for employees.
• Simplifying the process of tax calculation and investment declaration online.
• Filing monthly and IT returns.
• Generation of advice for Provident Fund, ESIC, Bonus, etc
• Payroll Outsourcing
• Generating Form 16 and 24Q when required
• Processing full and final settlements

• Outsourcing payroll frees up much time and allows Employers to concentrate better on their core business. They only need to communicate with their outsourced payroll specialist by approving the pay period time.
• It helps you avoid penalties & errors on statutory remittances.
• You can engage with a qualified team of experts who administer the aspects of your HR and payroll needs.
• High security to your confidential data in regard to the payroll services
• The employees can easily access the information system.
• Outsourcing payroll services remove technology advancement costs and keep payroll running smoothly.
• By using direct deposit, you can reduce the risk of fraud by eliminating the use of paper checks which could be altered or counterfeited.

• Viewing the Invoices and Payroll Reports
• Accessing and Updating the Employee Information
• Communicating with Employees
• Creating Custom Reports
• Tracking PTO (Paid Time Off)
• Uploading Benefits Plans and Custom Benefits Documents
• Total Compensation Reports

• Review Checks
• Review Benefit Information
• Update Information
• Any Corporate Document
• Online Benefits Enrollment

• To create an effective payroll management system, we will need PAN, TAN, PF ESI Registration, and Certificate of registration.
• You need to set a payment schedule to transfer the salary, i.e., weekly, monthly, or quarterly.
• You should categorize your employees as full-time, part-time, freelance, consultants, or interns. The pay calculation depends on the employee type.
• You should specify the rules related to leaves, deductions in pay, overtime, office timings, and other details that determine deductions or additions in the salary in advance.