Gupta Consultants

Payroll Outsourcing Companies India | Payroll Services | Gupta Consultants

G&CC offers payroll processing services which will reduce your cost and save your time and mitigates the risk of compliance. Our expertise to deal exclusively in the domain of Labour Laws makes us proficient payroll partner that helps you in error-free payroll processing.

G&CC is one of the best payroll outsourcing companies in India. We provide the error-free payroll processing services while delivering the output in time for your company.

Challenges of Payroll Processing Faced by Companies:-

1) Higher Costs:

For setting up a payroll system, a company has to make a big investment. The companies have to make some strategies so that the cost remains low and up-gradation of technology should be done at an affordable amount, and this the point where many companies face the problem. Here, G&CC comes in and provide cost-effective payroll services.

2) Tax Related Issues:

It is not an easy task to make accurate tax calculations in payslips. The tax rules and regulations keep changing and are very dynamic in nature. The company has to work according to those amendments so that the employee’s salaries are taxed accurately. Penalties can be applied to the incorrect tax calculations.

3) Compliance:

This is very important for any organization that their payroll system should comply with the country’s laws and also with other employee requirements. Payroll service providers have to monitor the changes that have been done in the legislation so that all the payroll process should comply with those changes. And many companies fail to get updated on these factors and face many government interferences. G&CC offers the 100% fully compliance payroll outsourcing services in India.

4) Accuracy:

Payroll is a process where changes and updations take place either on weekly basis or on monthly basis. A company has to be updated so that they can provide accurate information ensuring all the changes that have been made. Many companies don’t have that much time to ensure all the up-gradation and this leads to a lack of accuracy.

5) Safety and Security:

It is essential that the data of payroll system should be protected from any data leaks. Lack of security in the payroll system can have a negative effect on any business and it reputation. Hence, it is important to put some strict systems in the payroll data and many companies are not able to give time to manage the security system of that data.

Benefits of Payroll Outsourcing Services:

1) Time-Saving: It takes a lot of efforts and time to prepare the payroll for a company because one has to ensure all the rules and regulations are complying. Outsourcing helps to save a company’s time and they can focus more on their branding and growth of the company rather than playing with rules and regulations.

2) Latest and trusted technology: The companies rarely invest more in the technology for payroll processing. The payroll outsourcing companies have all the latest software and the companies don’t have to invest in the software and they can invest this money in its products.

3) Protect from Penalties: It is difficult for companies to be updated about the payroll system because they have to manage the finance and marketing condition of the company. Payroll outsourcing companies have the latest up-gradation and they work on these updates so there are no chances of penalties from the Government.

4) Security: The payroll outsourcing companies know the importance of safety. So, they have all the software to secure the data of a particular company.

5) Trim Cost: Working on the payroll processing will cost higher to a company as they have to buy and update the technology on a frequent basis. But hiring a payroll outsourcing company can cut down all these expenses and a company can save their money up to 95%.

6) Tax Savings: Sometimes the company are not aware of the current changes in the taxes and they fill the wrong information and get a huge penalty on these factors. The payroll outsourcing companies don’t do these mistakes and save you from all those extra costs.

Conclusion:

Payroll processing is a tedious and complex process and is considered to be an expense for the companies because the companies have to hire a team of professionals and have to opt for latest technology which costs them a lot as this software require updating on a frequent basis. Hiring a Payroll outsourcing company will help a company to make them hustle free from all these factors and they can focus on their growth.

If you are looking for payroll outsourcing companies in India, then you are in the right place as we understand the value of your business and the importance of payroll processing. We are one of the leading payroll processing companies in India.

Our services are not bound to Delhi, NCR & Gurgaon, we have PAN India present also and providing the best payroll processing services in India since 2004.

Our Services! What We Do:

Monthly Salaries and Benefits Processing including reimbursement.
Advisory services on CTC structuring.
Bank Transfer statement generation for disbursement of salaries.
Web-Based Employee self-service portal excess to every employee for pay slips generations.
Processing of Full & Final settlement for left employees.
Issuance of Form 16 for every employee.
Issuance of statutory challan –TDS, PF, ESI, PT, LWF (Monthly / Quarterly /Half Yearly / annually).
Management Aid Reports & Statutory compliance reports.

Advantages with GNCC:

Employee Help Desk at the Year End for Final Tax Assessments and for redressal of individual employee’s queries.M
Privacy of the Information shared by the client.
In house developed Software to meet your particular requirements.
Payroll Manage by Statutory Compliance Experts.
Continuous Improvement