Comprehensive Human Resource and Payroll Management for Small Businesses

Narula Gupta and Company : Offering Best Payroll Services to Small Businesses

The staff in your organization is the lifeblood of your business. Effective management of employee salaries and benefits is an integral part of a happy workforce. With Narula Gupta and Co.’s India’s leading payroll providers for small businesses, you will be able to do just that. 

Our human resource management services encompass a wide range of payroll activities.  

1. Payroll Implementation

Proper implementation of a payroll system is crucial. Our expert payroll management professionals take care of setting up and deploying a payroll system that aligns with your company’s operative module and stays within the relevant legal guidelines. We will take care of procuring the necessary documentation and choosing the right payroll software. 

2. Salary Calculation And Processing

Our payroll management company will take care of your entire payroll processing. This includes accurate data entry recording each employee’s pay, benefits, and deductions, final calculation of the net pay, and timely deposition of salaries and benefits into respective accounts. 

3. Payroll Tax Calculation

At Narula Gupta and Co., we take care of calculation of payroll taxes at your organization. These include mandatory payroll taxes and contributions such as the ESI, EPF, EPS, and Professional Tax. We also calculate and accordingly make relevant contributions to health, education, and other taxes. 

4. Employee Benefits Calculation and Implementation 

The GoI has outlined a range of benefits employers must provide to their staff. These aim to secure an employee’s financial future and provide them with the resources to grow professionally. At Narula Gupta and Co., our corporate payroll services include meticulous attention to the calculation of each of these benefits so that your company stays on the right side of the law. 

5. Payroll Reporting and Recordkeeping

Payroll reports and records are equally important for employers and employees. Our payroll management company undertakes regular and timely reporting and recording of all payroll processes. These include generation of salary slips and maintaining records of salaries deposited, pay rates, hours worked, accrued overtime, and any other factor that plays a role in net salary. 

6. Compliance Management

The GoI outlines a strict set of regulations that each company doing business in India must adhere to. Our small company payroll services include complete compliance management, ensuring that your business and its operations follow the relevant regulations. With our expert services, you will stay on the right side of the law and keep your employees happy. 

7. Annual Performance Appraisal Report

APAR is an essential part of the HR management system. With our expert human resource management service, you will gain insightful information on your employees’ performance, assess their impact on your organization, and formulate a strategy to reward and retrain employees based on their performance. Our performance assessment system will provide you with the cold data you need to evaluate an employee’s role. 

8. Leave Encashment Management

An employee is eligible to receive a certain number of paid leaves during their tenure with an organization, which may be encashed at the time of departure. By outsourcing leave encashment to our business payroll service providing company, you can rest assured that you will always have accurate leave records, enforce internal policies, and maintain transparency with your employees.