Vcarefirst

VPS(Vasudhaiva Payroll services)

Sr.	Features

A	Run Your payroll
1	Setting up Payroll Software
2	Registration with Various Labour Laws Authorities A. Professional Tax B. ESIC C. PF D. Labour Welfare Fund
3	Structuring CTC within all Statutory Limits
4	Provide Offer and Appointment Letter
5	Reimbursements & Claim Management
6	Loans & Advances Management
7	Payroll Processing
8	Payroll Reports - Salary Register & Pay Slips
9	Monthly Salary Payments
10	Monthly Statutory Compliances
11	Monthly & Yearly Taxation Management including verification of tax declaration proofs
12	Support for Pay Slips and Tax related Queries
13	Filling Monthly, Quarterly and Yearly returns for Various Authorities
14	Monthly and Yearly Verification of Tax Documents of Employees
15	Providing form 16
16	Provide Full & Final Settlement Letters

B	Payroll audit
1	Verifying whether proper onboarding of new joiners is done
2	Verifying new joiners monthly payroll calculation
3	Verifying the working days of employees with Salary register
4	Checking whether all payroll related compliances like TDS, PF, ESIC, PT and LWF are done correctly and before due date
5	Verifying Full and Final Calculations including Gratuity and Leave Encashments
6	Ensuring Tax declaration has been taken from the employees at the start of the year and supporting for the tax declaration is taken before the end of the year
7	Ensure login-id and passwords to access time-punching software & payroll are not shared amongst the department
8	Ensure access to payroll processing software is available to authorized persons only.
9	Reconciling Salary related entries in books with Salary register

C	Payroll Consultancy
1	Monthly Payroll Verification
2	Effective Payroll Workflow Support
3	Set up NPS
4	Set up Gratuity Fund
5	Set up Leave Encashment Fund
6	Set up Superannuation fund
7	Set up Apprentices as per The Apprentices Act