Payroll Software Bangalore

Payroll software Bangalore is a product of Prodigy Technologies, a software development company in Pune. Payroll software is built on latest dot net technologies. Payroll software is developed to make payroll processing fast and simple. Now payroll processing can be done in single click on our payroll software, just provide input to our payroll software

Payroll software

Payroll software bangalore comes in Desktop payroll software and Epayroll or Online payroll software. Desktop payroll software is off line solution where you can work on single location. Online payroll software or Epayroll is a web based payroll software that you can use anywhere and any time.

One of the best things about this payroll software is that it helps to reduce manual work. You do not have to type out the leave details of each employee; rather the payroll software can be connected with the attendance punching machine from where such data could be easily transferred. Also, other details like tax deductions, bonuses, etc., can also be calculated automatically with the help of this software. Online Payroll software can be operated both by the employer and the employee, as it comes with two user modes such as admin portal and employee portal. While the employer can process the salaries online, the employees can check out their salary details through the same mode.

Bonus CalculationCalculations Bonus

March 23, 2016 at 06 : 19 PM

Bonus is Taxable. Minimum Bonus to be given is 8.33% of Basic+DA annually limit to wages 3500(month) and max is 12%. It means maximum bonus declared can be 20% of 3500 which comes out to be Rs 700 monthly or 8400 annually. If a company wishes to give more bonus it can give but the excess amount should be termed as ex-gratia, but both are taxable as per IT act. Also if an employee is earning more than Rs 10000 as Basic and DA then he is not eligible for bonus but if company wishes to give, bonus can be given to him
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Which documents are considered for KYC ?eReturns EPFO

April 13, 2016 at 01 : 07 AM

  • National Population Register
  • AADHAAR
  • Permanent Account Number
  • Bank Account Number
  • Passport
  • Driving License
  • Election Card
  • Ration Card

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