Consultant and Practitioner of:
EPF, ESI, Factories Act, Industrial Disputes Act, Shops & Establishment Act,Contract Labour (R&A) Act, MLWF, Payroll Processing, Other Labour &
Industrial Laws
Delivering Quality &
Prompt Services at Value Price
Payroll Management
Payroll management is a complex & time consuming process due to a large number of calculations and statutory compliance requirements. What you need is a stress-free solution that is accurate, cost effective, time saving and very importantly secured.
VCT consultancy does it all for you!
No matter the size of the organization, we have customized solutions to meet needs of small, medium & large scale enterprises. Our advanced payroll software automates and optimizes the entire process that saves a significant amount of time compared to manually doing all the calculations. Moreover, we ensure 100% compliance with legal and tax requirements.
We ensure quick availability & access to variety of reports
- Preparation of month-wise & branch-wise salary sheets & summary sheets showing break-up of salary
- Bonus, salary arrears & loan advances
- Leave details such as paid leaves, unpaid leaves, leave balance summary
- Statutory deduction reports: PF, ESIC, Professional Tax, LWF Statement, TDS & all other as per the respective state
- Pay slips generation
- Bank statement along with letter & cheque statement
- Projection of TDS deduction, preparation & filling of quarterly E-TDS returns
- Verification of proofs of investment submitted
- New joiners, left employees & absconding employees
We provide end to end services which includes
- Establishing company / employees master records creation including location, division, department and grades of employees in the master records. Offer the formatted master data to client' office for validation & records. We modify the master set up as and when necessary.
- Collecting details of all earnings, deductions, statutory payments, loans and advance deductions & payments.
- Collecting Attendance details, Modification of data and other relevant inputs on monthly basis in an agreed format to facilitate payroll processing. (This can be done through the web.)
- Processing the Payroll Data on monthly basis. Offer the generated payroll data to client' office for validation. Export processed payroll data on an agreed format.
- On confirmation by client generate pay slips on monthly basis on an agreed format.
- Process deduction statements applicable from time to time. Generate statutory reports relating to PF, ESI, TDS and Professional Tax, Region wise / location wise, as applicable.
- Seek continuous feedback from your office on the deliverables and extend support based on the feedback to modify the process as required.