Payroll Management Services | Payroll Outsourcing Services India - L K Nakashe
Payroll management services

Payroll management services

Administration of salaries, bonuses, taxes, contributions & deductions

Unsplashed background img 1
A pan-India service, we provide you the most secure environment for confidential handling of your organisation’s payroll data. The scope of work includes the following:
Employee life cycle management
  • Manage the entire payroll paperwork from employee on-boarding till exit
  • Full & final settlement for exiting employees
  • Maintenance of all records as per employee’s office location, division & department
  • Updating the details on your HRIS
Payroll calculation & disbursement
  • Validating collected data viz. attendance data, modified data, loans, advance deductions etc. with your organisation
  • Error free salary calculation basis the data collected
  • Generating & maintaining salary break-up viz. earnings, deductions, statutory payments, loans and advance deductions
  • Generation of monthly pay slips
Payroll compliance
  • Processing of payrolls based on the latest legislative updates ex. Provident Fund, ESI, TDS, Professional Tax etc.
  • Generate periodic statements of all deductions
  • Collection & maintenance of all investment proofs
Reimbursements & Arrears
  • Collect and validate the claims based on your organisation’s policies
  • Integrating the validates claims with payroll data
Reports for decision making
  • New employee & left employee reports
  • Branch wise generation of monthly salary sheets with detailed salary break-up & pay slips
  • Banks statements along with letter
  • Leave details & balance leave summary
  • Cheque statement & loan statement
  • ESI, PF, Professional Tax, Labour Welfare Fund and other statutory contributions
  • Projection of income tax. TDS deduction, TDS returns & TDS certificate
Best practices implementation
  • Follow the best practices in payroll management, statutory compliances & tax deductions
Engagement model
  • An account manager/ SPOC would be responsible for client side engagement
  • Periodic review of the process, as agreed upon with mutual consent

Call us on 09920-100-462 |Request a quotation

LK Nakashe Consultants Pvt. Ltd is India’s leading compliance & labour law consulting firm. Headquartered in Mumbai, we are ISO 9001 Certified & Crisil Certified, and we serve all 29 states and 7 union territories of India. Our service bouquet includes Registration & Renewal Services, End-to-End Monthly Compliance Services, Audit & Due Diligence Services, Advisory & Consulting Services, Payroll Management Services and Contract Staffing Services. Our client list of 750+ companies includes some of India’s biggest business conglomerates, MNCs, public listed companies & SMEs

First-of-its-kind app that UN-COMPLICATES compliance & labour laws. Download for free on iOS & Android Google play App store