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Payroll Outsourcing
Payroll is the most critical yet complicated function of any organization and necessitates a thorough understanding of current regulations, comprehensive tax knowledge to ensure appropriate withholding and filing, and an exceedingly organized system that can be relied upon to pay each employee the right amount of money.
Even a small non-compliance could put employees’ trust at stake resulting in high attrition rate and may even sabotage the organization’s reputation. Due to demanding statutory requirements and ever-changing legislation, payroll and HR compliance is becoming enormously challenging and difficult. The essence behind the following legislations would be taken care of through this service:
- Shops and Commercial Establishments Act (S&E)
- The Employees Provident Funds and Miscellaneous Provision Act – 1952 (EPF)
- The Employees State Insurance Corporation Act – 1948 (ESIC)
- The Professional Tax Act (PT) 1975
- The Labour Welfare Fund Act (LWF) 1965
- The Contract Labour (Regulation & Abolition) Act – 1970 (CLRA)
- The Child Labour (Prohibition & Regulation Act), 1986
- The Minimum Wages Act-1948
- The Payment of Wages Act-1936
- The Payment of Bonus Act-1965
- The Maternity Benefit Act-1961
- The Payment of Gratuity Act-1972
- The Equal Remuneration Act-1976
- The Industrial Establishment (N&FH) ACT 1963
- The Employment Exchange (Compulsory Notification of Vacancies) ACT-1959
- Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) ACT, 2013
- The Employees Compensation ACT-1923
- The Industrial Employment (Standing Orders) ACT 1946 – Model Standing Order Only
- The Industrial Disputes ACT 1947
- The Apprentice ACT, 1961
- The Interstate Migrant 21. Workmen (Regulation of Employment and Conditions of Services) ACT, 1979
- The Factories ACT, 1948
- The Trade Unions Act, 1926
NAS Solutions offers many benefits which proves as to why payroll services should be outsourced to us.
[rt_fancy_text_box_style title=”Multi-Industry Sector Service” fancy_font_size=”18″ fancy_line_height=”25″ fancy_content=”With an industry experience of 15 years and presence in a wide range of sectors- from public to private sector, we provide affordable Payroll Outsourcing Services to small businesses, medium and large organizations in India.” type=”typicons” icon_typicons=”typcn typcn-arrow-right-outline” fancytextbox_css=”.vc_custom_1608972588389{margin-top: 0px !important;margin-bottom: 40px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}” extra_class=”text-space”][rt_fancy_text_box_style title=”Comprehensive End-to-End Services” fancy_font_size=”18″ fancy_line_height=”25″ fancy_content=”From monthly pays slips to full and final settlement, NAS Solutions can deliver all services related to the payroll administration. We can rightfully boast of generating 8000 pay slips every month.” type=”typicons” icon_typicons=”typcn typcn-arrow-right-outline” fancytextbox_css=”.vc_custom_1608972631049{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}” extra_class=”text-space”]
[rt_fancy_text_box_style title=”Clients for life” fancy_font_size=”18″ fancy_line_height=”25″ fancy_content=”Our current client base exceeds over 100 companies, whom we offer customized services as per their industry requirement. Owing to our service quality, clients who come to us, remain with us forever.” type=”typicons” icon_typicons=”typcn typcn-arrow-right-outline” fancytextbox_css=”.vc_custom_1609224565739{margin-top: 0px !important;margin-bottom: 40px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}” extra_class=”text-space”][rt_fancy_text_box_style title=”Motivated Workforce” fancy_font_size=”18″ fancy_line_height=”25″ fancy_content=”Our positive organizational culture provides a healthy work atmosphere, thereby ensuring our human resources are always motivated. Guaranteeing quality and talented people work for you at all times.” type=”typicons” icon_typicons=”typcn typcn-arrow-right-outline” fancytextbox_css=”.vc_custom_1609224725836{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}” extra_class=”text-space”]
Service Highlights
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- Registrations, amendments, and renewals
- Payroll Compliance Support – PF, ESI, PT, LWF
- Time & Attendance Management
- Monthly Pay slips, Tax slips, Reimbursement slips
- Income tax return processing and filing – Quarterly and Annually
- Compliance under various ESI sub-codesTransfer-in, transfer-out and settlement of EPF accounts
- Travel claim processing – Local & Outstation
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- Online investment proof verification
- Online reimbursement entry & approval
- Form 16/12BA 24Q as needed
- Assistance to the employees in processing applications for getting rightful benefits
- Foster rapport and sustained coordination with diverse authorities
- Facilitate clients in efficiently handling inspections by authorities.
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By partnering with NAS Solutions, you can be assured that the crucial payroll function is managed while you focus on what you do best– growing your business!