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.

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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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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