Payroll Processing in India: Allowances and Outsourcing.

Payroll, or employee compensation management, is a multifaceted process. As part of payroll, business generally compute and withhold government taxes like social security and individual income taxes from an employee’s salary many companies also have benefits plans like health insurance, which include deductions of premiums from its employees’ salaries according to employee customization, adding another layer of activity for payroll processing.

Allowances                     

Allowances are categories of expenditures in India that are not taxable, provided they match certain specifications and do not exceed a certain amount. Best payroll provider in India.

·         House rent

·         Transport

·         Medical

·         Meals

·         Leave travel

·         Education; and

·         Special allowance

The Benefits of outsourcing Payroll.

·         Increased efficiency

·         Increased accuracy

·         Increased transparency

·         Increased confidentially

·         Decreased liability

·         Decreased cost

The Best Payroll Service for very Small Business

After conducting extensive research and analysis of online payroll services. We recommend Brooks Consulting Private Limited as the best online payroll service for business with fewer than 12 employees.

Ease of use.

It is very easy to use. To run payroll, click on the payroll tab at the top of the home page and click on the employees you want to pay.

Customer Service:

We are very impressed with the support we received from Brooks consulting Private Limited. To test the level of service provided, we called the company posing as a new business owner interested in payroll management services in India.