Payroll Software Pune

Prodigy Technologies introduces Payroll software Pune, an intelligent way to calculate employee payroll in the company. We have several satisfied customers in and around Pune, who have been using this payroll software for several years. This payroll software Pune is an all-inclusive kit that makes the payroll process time saving

LWFLWF LWF

March 23, 2016 at 06 : 17 PM

Labour welfare refers to all the facilities provided to labour in order to improve their working conditions, provide social security and raise their standard of living. Majority of labour force in India is working in unorganized sector. In order to provide social security to such workers, Government has introduced Labour Welfare Fund to ensure assistance to unorganized labours.
The contribution to LWF fund by the employee is Rs. 6 for salary upto Rs. 3000 and Rs. 12 for salary above Rs. 3000. Employer contribution is double than that of the employee. LWF is not applicable to those working in the managerial or supervisory position and drawing wages more than Rs. 3,500/- per month. LWF is to be deposited in the month of June and December only.
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TDS ProjectionReports TDS

March 23, 2016 at 06 : 25 PM

TDS (Tax Deducted at Source) is deducted from the monthly salary of an employee before making payment of salary to an employee. Employee comes to know the TDS, which is done every month by an employer and taking into consideration the amount which he actually gets in his hand, he will be able to plan his monetary transaction or financial investment.
TDS projection in Intelli Payroll comes handy to know the TDS liability before hand. This helps employee to make his investment plans ready in advance and save tax. Admin can generate this report in Reports -> TDS -> TDS Projection. Select the year and employee and generate the report. Admin has the facility to mail this report to the respective employee. In the employee portal of Intelli Payroll, employee can also generate his TDS projection report.


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