Managed Payroll Services
Ensuring Payroll Accuracy and Compliance
RADEE8’s Managed Payroll Services streamline your payroll processes, reduce compliance risks, and optimize tax benefits, allowing you to focus on your core business.
Transactional Payroll
- Generation of Payslips, Salary Registers, Bank Files, Tax Computation Sheets, and Income Tax Proof Submission and Validation: RADEE8 automates the generation of crucial payroll documents, including payslips and tax-related files, streamlining your payroll process.
- Processing of New Joiners, Increments, Overtime, Exits, Bonus, Loans, FnF, Form 16, etc.: Our services cover all aspects of employee compensation, ensuring accurate and timely processing for various scenarios, from new hires to exits.
Statutory Compliances:
- Deduction of PF (Provident Fund), PT (Professional Tax), ESIC (Employee State Insurance Corporation), TDS (Tax Deducted at Source), and Taxes as per Applicability: RADEE8 ensures full compliance with statutory regulations, handling deductions and contributions accurately.
Salary Structuring:
- Salary Structuring and Restructuring – Building Out Tax-Friendly CTC: Our experts help you structure employee salaries to maximize tax benefits, resulting in tax-efficient Cost to Company (CTC).
- Monthly Employee Payroll Management for Employees, Consultants, Contractors, and Third Parties from Hire to Retire: We offer end-to-end payroll management for all types of employees, ensuring a seamless experience from onboarding to retirement.
- Introduction of Reimbursement Components in the CTC for Tax Savings: RADEE8 assists in incorporating reimbursement components into the CTC to help employees save on taxes.
Other Related Services:
- Calculation of Perquisites on Company Benefits such as Car, Company Accommodation, Subsidized Loans, etc.: Our experts calculate and manage perquisites on company benefits, ensuring accurate tax reporting.
- Expert Compliance Advice: We provide expert guidance on payroll compliance, keeping you informed and up to date with changing regulations.