Dearness Allowance (DA) is an allowance paid to employees as a cost of living adjustment allowance paid to the employees to cope with inflation. DA paid to employees is fully taxable with salary. 

Employees are allowed the lowest of the declared amount one-fifth of basic salary, actual amount received as allowance or Rs. 5,000. This is an allowance provided to employees to reimburse the expenses incurred on the hospitality of customers. However, Government employees can claim exemption in the manner provided in section 16 (ii). All other employees have to pay tax on it.

Employers may provide an overtime allowance to employees working over and above the regular work hours. This is called overtime and any allowance received for this is fully taxable.

House rental allowance (HRA) is allowance paid for house rent .

HRA as per actuals received by the employee

• Rent paid as per actuals less 10% of Basic Salary
• In Metros i.e Delhi, Mumbai, Chennai or Kolkata, as much as 50% of basic salary or else 40% of it if the accommodation is in a non-metro.any amount of House Rent Allowance received after claiming such deduction is taxable.

Conveyance allowance, also called Transport Allowance.  That’s paid by the company towards cost of travel from home to work and back and is exempt from Income tax. Allowances are generally offered to employees on top of their basic salary component and may or may not be taxable as per the Income Tax Act.

Employees are given a certain amount to educate their children in India. Any sum spent more than the provided limit of Rs. 100 per month per child for maximum two children, is taxable.

This is an allowance paid by the employer when the employee or any of his family members fall sick for the cost incurred on their treatment. If any such reimbursement exceeds Rs.15,000 per year; the same is taxable.

Statutory compliance is all about the organizations those must follow the standard Laws. Statutory Compliances such as PF, Factories Act, ESI Act, Minimum Wages Act, Bonus Act, Professional Tax Act, Shop and Establishment Act are required of Indian companies, organization etc.

Intellipayroll is 100% compliant with all government  laws.  Which  includes PF, ESIC, PT, TDS, LWF, Bonus and other modules. So now your HR can devote quality time to their core responsibilities and forget about complicated compliances hassle.

Timely and efficient statutory compliance process means:

• Avoid legal implications & penalties

• Access to regional and local expertise 

• Centralized error free data & documents that is readily available

• Professional support during inspections / audits 

• Assured ethical practices with strict timeline adherence 

• Achieve 100% compliance

1. Provident Fund - PF

PF is calculated on Basic (BA), DA, and arrear on BA and DA. The amount on which PF is calculated is called PF wages. All statutory forms and electronic challans are auto generated every month with the help of Intellipayroll.

2. Employee State Insurance - ESI

Employees' State Insurance (abbreviated as ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI calculation is completely configurable in Intellipayroll.

3. Income Tax and TDS

Intellipayroll calculates TDS automatically. The TDS applicability slab is predefined which can also be changed. Concessions provided by government under various sections are also configured. One can save tax by declaring under these sections.

4. Professional Tax - PT

Professional Tax (PT) is state based tax allowed as a deduction from the gross income before computing the tax. All PT calculations are calculated through Intellipayroll and necessary forms are generated.

5. Labor Welfare Fund - LWF

Labour welfare fund is a statutory contribution managed by individual state authorities. Labour welfare refers to all the facilities provided to labor in order to improve their working conditions.

Employee can apply for his leave from anywhere and can upload supportive documents.

Displays useful information like employee image, his information, list of the documents submitted/not submitted.

Employee can generate important reports like pay slips, TDS Projection.

As we know payslip is a very sensitive part of an employee’s salary and as per any organization’s rule, it needs to be confidential. To protect the confidentiality of the document, the HR can password protect the payslips.

Secure and confidential payroll data which ensures that the payroll data of the employees is not exposed.

Our Employee Self Service (ESS) portal employee can apply for leave and check status of his leave.
Employees can claim various reimbursements including fuel, LTA, medical, phone. Admin can approve/decline these reimbursements.
Employees can submit their investment declaration during the start of the financial year and subsequently, with their proof details.

You will have a dedicated Prodigy Support Team that's built around you and your needs. It's the Team's responsibility to know and understand the problems faced by you and solve them immediately.

Employee can view list of necessary documents which are to be submitted. He can submit those documents on a single click.

Employee can calculate his third party loan premiums to get an idea of his deductions.

In IntelliPayroll, the attendance of employees is managed at ease. An Excel sheet containing sample format of attendance can be exported from the application itself which can be filled by admin or by branch heads and imported.

The leave types that are created by the user will be automatically added in the sample format being exported. The format will have the fields regarding attendance details such as Over time, Week offs and leaves taken. User can define the ratio of emoluments to be given on the attendance and over time. Weekly offs of each employee can be maintained separately. Once the details are added into the Excel file, the user just needs to import the file back into the application and within a fraction of a second, the software intelligently imports data from the Excel sheet and generates error if there are any discrepancies in attendance or leave data.

In online IntelliPayroll, the attendance of employees of various branches can be managed. The branch supervisor can import the attendance for employees of his branch and within no time, the attendance gets imported in the application. This version of web-based IntelliPayroll has all the features that are present in desktop version plus it can be managed from anywhere and at anytime.

In this manner, IntelliPayroll manages the attendance of employees without any hassle.