Payroll Services
Payroll Management Services tailored for your firm
Your staff payments – timely, accurate, compliant
Except large companies, most of the companies in India hire payroll service providers for managing their payroll for small business.
Altobooks has a dedicated business payroll services division which helps clients of all sizes. From managing payroll of 10 people to 1000 people. Our payroll outsourcing services can be customized for simple pay structures to complex pay structures like allowances, incentives, reimbursements, perquisites, contractor payments, freelancer payments etc.
Altobooks is a preferred payroll management company providing services to many small and medium sized multinationals and start-up companies. It is our endeavour to manage all your payroll compliances and providing right advice for designing tax efficient pay structures from day one.
Why Altobooks?
Altobooks payroll processing and compliance services have a flavour of its own. Our payroll experts have managed payroll of Govt. organizations as well as small start-ups.
Customized
Payroll work can never be one size fits all. We know that.
Tech-driven
Use and implement cloud-based payroll processing softwares
Process-driven
Design and implement customized payroll process flow
Accurate
No differences. No arrears. No recoveries. No penalties.
Outsourced payroll processing and management in India
Altobooks is a preferred payroll services partner for many organizations across the globe. We ensure that salaries and perquisites are accurately processed for your team.
- Payment of salary
- Processing reimbursements
- Payment of allowances
- Processing of perquisites
- Exit (retirement) payroll
We do end to end payroll compliances for our clients. It may be routine compliances or compliances at the time of appointment, resignation or retirement of staff members.
EPF Compliances
- ESIC Compliances
- Professional Tax Compliances
- NPS Compliances
TDS on payroll
- Forming and implementing HR policy
In today’s world, definition of team has changed. It includes freelancers, contractors, gig workers and many variants of these.
- Determining basis for payment / time tracking
- Payment computation and processing
- Contract management
- Vendor coordination
It is a pre-requisite for a robust payroll system. Updating payroll master data in timely manner resolves most of the payroll processing queries.
- Design an update calendar
- Implementation of maker, checker
- Verification of key data inputs coordination
- Coordination with HR department
Our industry-specific payroll consulting services help businesses design and define their payroll structure and carry out payroll compliances in more efficient manner.
- Statutory payroll advisory
- Payroll structure advisory
- Designing tax efficient payroll system
- Payroll compliance consulting
Testimonials
Values, expertise and professionalism. Jigar and Tejas are great people to talk to, listen to and work with. They are our virtual CFO, accounting and payroll partner. They advised us on establishing our solid corporate structure, incorporate our own company in USA and manage our global accounting and finances.
Frequently
Asked Questions
Have questions on how this will work?
Request a free call session with us now!
It starts from $30 per team member. Payroll taxes and compliances in India are easier and very less cumbersome compared to most of the western countries. Generally, it does not exceed 15% of the payroll even for large corporations. Small companies, start-ups, companies having limited presence in India have much lower obligations.
We do not promote any specific software on our website. However, we recommend you to obtain a good cloud-based payroll software. Once we engage for popular services, we can assist you in obtaining and implementing a payroll software.
We can assist you in appointment of recruitment consulting agencies who can assist you in recruitment process. Altobooks can act as your payroll consultant helping you in establishing payroll structure, process regular payroll payments and ensuring timely payroll compliances. For your other HR requirements, we need to discuss and explore the scope of engagement. Please speak to our consulting team for further clarity.