According to the United Nations – India is the country with the highest youth population. We are now standing at a point where the dream of becoming a super economy seems a reality. A major obstacle that is standing between this ambitious project and reality is the Indian labour laws. The labour laws and its …
LABOUR LAWS EVERY INDIAN EMPLOYEE MUST BE AWARE OF Read More »
What is Payroll Outsourcing? Payroll Outsourcing involves hiring an external agency to handle the payroll-related functions such as calculation, management, and payment of salary along with all the other related important functions. Why every small business should consider Payroll Outsourcing? For a small business handling all the Payroll tasks can be a complicated and time-consuming …
BENEFITS OF PAYROLL OUTSOURCING FOR SMALL BUSINESSES Read More »
EPF (Employee Provident Fund) is a scheme that is managed by the government to promote savings for individuals employed in the service sector. Under this scheme, the employee and employer both have to contribute a certain amount of money towards the scheme. Interest is paid on both employee’s and employer’s contributions. Let us understand all …
ALL YOU NEED TO KNOW ABOUT EPF – EMPLOYEE PROVIDENT FUND Read More »
As businesses rigging up for the quickly changing elements of the corporate ecosystem, it becomes important that they focus on the core functions of the business and outsource non-core functionalities of the business, for example, payroll outsourcing. Payroll Outsourcing gives you more time to work on better business strategies and it also ensures that all the …
HOW WILL THE FUTURE LOOK FOR PAYROLL OUTSOURCING IN INDIA – PEOPLESKILLS Read More »
Payroll is the list of employees’ payment. This list consists of various records. Like productivity and the total amount of money that a payroll service agency has to pay. It is necessary for the financial accounting of a payroll service agency. It is also useful for many other reasons. Payroll outsourcing is essential as it …
According to the dictionary, compliance means acting following command or wish. So lack of compliance means failure to comply, refusal to agree or yield. Corporate Compliance – Corporate Compliance outsourcing includes following a wide range of standards and laws. That is designed to protect employees, a payroll service agency’s agents, and other stakeholders. This is done to …
One of the most important things in any business is the need for accounting. Accounting is the common process of recording financial transactions related to the business. It includes a systematic process. That has to summarize, analyze and report the respective transactions. To oversight agencies, regulators, tax collection firms or big scale firms. The three …
OUTSOURCING OF PAYROLL LEADS TO BETTER DISCLOSURE OF TAX Read More »
Introduction The most important part of any business is payroll outsourcing. The HR handles the payroll outsourcing work. But nowadays it has become essential to have an outsourcing service agency to handle the payroll. Since the workload has increased, and therefore, for efficient and good payroll outsourcing systems, businesses cannot depend on HR only. Getting …
PAYROLL OUTSOURCING PRICE PAYROLL SERVICE PRICING BENEFITS Read More »
A company’s Payroll outsourcing may be the firm’s biggest business expense. However, processing this activity is the biggest task for every firm and industry. When a firm hires new employees for full-time, it helps grow the business. But at the same time adds complexity and cost to the operations. However, this should not cause a …
Payroll Outsourcing for small business India is a budding market. I know, quite a few of you would highly disagree with me. But, there are many areas left to venture in 2019 says, experts. Even Payroll Outsourcing companies have an important role to play! India is certainly a very unpredictable market at the very least. …
PAYROLL OUTSOURCING COMPANIES-SMALL BUSINESS, THE IMPORTANCE Read More »