Payroll is a very significant function for any organisation - after all, it determines the take home pay of employees. Due to its sheer sensitivity and confidentiality, it is a function which requires ongoing and effective monitoring. As a result, effective payroll services require specialisation and a clear understanding of the applicable laws.
As organisations continue to expand, managing payroll processes merit special consideration. One requires an organised approach to build, manage and implement payroll tax related operations and processes., Recent trends indicate that increasing number of companies in the Indian market are outsourcing their payroll function.