Payroll Software Mumbai

Payroll software is a product offered by Prodigy Technologies, a software development company in Pune. Payroll software is available in two versions desktop payroll software and online payroll software or epayroll. However, this payroll software is not restricted for businesses in Pune only. On the other hand, there are several Mumbai based companies that use our payroll software for their payroll processes. This is an intelligent payroll software that helps to avoid manual calculations completely. Your HR professional can handover the responsibility of payroll calculations or salary calculation to this payroll software Mumbai completely and focus on other more important work.

Payroll software is based on dot net technology and follows all the salary and payroll laws set by the government. It is designed in such a way that anyone can access it easily. In other words, you do not have to go through any training for using this payroll software Mumbai. This software is compatible with Excel as well as all types of attendance punching machines, and also imports data from them during the payroll process. Payroll software mumbai is configured with all latest features required for payroll processing.

Gratuity CalculationCalculations Gratuity

March 25, 2016 at 10 : 07 AM

Gratuity is considered as part of CTC by employers because they either make a provision for payment of Gratuity or contribute to Gratuity fund. It’s not mandatory for employers to maintain a Gratuity fund. It’s optional. Your employer can opt to pay Gratuity to employees directly. The only advantage of maintaining a Gratuity fund is that if you pay a marginal risk premium, Gratuity is paid by the insurance company in the event the employee dies while in employment considering the service from his Date of Joining till the date he/she would have superannuated from service if he/ she had been alive. Normally, if the employer pays Gratuity directly it will be restricted from the employee's Date of Joining till his date of death.

Please remember that the insurance companies pay Gratuity only from the fund contributed by you each year. So, if the Gratuity payable is greater than the fund maintained by you, the insurance companies will deny payment of Gratuity. For this purpose, the i
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What is PF UAN number ?eReturns EPFO

April 13, 2016 at 12 : 43 AM

UAN  stands  for  Universal  Account  Number  to  be  allotted  by  EPFO. The UAN will  act  as  an  umbrella  for  the multiple Member Ids allotted to an individual by different establishments. The idea is to link multiple Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number. This will help the member to view details of all the
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