Title: The Complete Statutory Compliance Solution
1Teemer payroll Outsourcing.
2Dont worry.
Are you a HR professional?
Is salary calculation giving you a head ache?
3We are excited to present our payroll outsourcing
process to you. We can help streamline your
payroll process, improve accuracy, and save your
time and money
4Why you need to outsource payroll with technology
and expertise?
- A payroll process is a series of tasks and
activities that a company performs to manage and
distribute payments to its employees. It involves
calculating employees earnings, withholding taxes
and other deductions and finally distribute
payments to employees. It involves following
steps - Collecting employees attendance data
- Calculate employees pay using the data
- Withholding taxes and deductions
- Distribute salary in the form of cash, bank
transfer cheque etc - Keep accurate records of employees pay
5Why you need a payroll software
- There are several risks associated with payroll
calculations .error in the payroll calculation
occurs mainly due to data entry mistakes ,
incorrect formulas or inadequate training of
staffs etc. The error can result the underpayment
or overpayment of the employees. Both the
problems leads to financial losses and legal
issues - Payroll calculation must comply with various
legal and regulatory requirements such as labour
low ( state and central ) taxes law, minimum wage
acts etc. Failure to comply with these
regulations can result in penalties and fines - Error in the payroll calculations leads
employees dissatisfaction and company's
reputations .Which can impacts employees
productivity - Incorrect payroll calculations can results in
failed audit or other compliance reviews - To mitigate these risks, companies should
implement robust payroll software system -
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6Why you should choose our payroll services
- There is a growing demand for payroll processing
software , as more business are seeking to
simplify their payroll processing and reduce the
risk of errors. Our service (payroll and
statutory ) offers a range of features and
benefits that make it an ideal choice for a
business
7FEATURES AND BENEFITS OF OUR SOFTWARE
8Features of our Statutory services
- Before discussing about our features, lets
discuss about why statutory part is important for
your business - Statutory services are mandatory and required by
law for individuals and businesses operating in a
particular industry or jurisdiction. Failure to
comply with statutory requirements can result in
legal penalties and fines. - Statutory services are regulated by government or
other regulatory bodies to ensure that businesses
and individuals comply with relevant laws and
regulations. - Statutory services often require businesses and
individuals to obtain licenses or certifications
to operate legally. These licenses or
certifications are typically issued by the
government or regulatory bodies after verifying
that the business or individual meets the
necessary requirements
9- Statutory services are often monitored and
enforced by regulatory bodies to ensure
compliance with relevant laws and regulations.
This may involve conducting regular inspections
or audits to identify violations and taking
enforcement actions when necessary
- Statutory services may also include education and
training programs designed to help businesses and
individuals understand and comply with relevant
laws and regulations. These programs may be
mandatory or voluntary, and may be offered by the
government or other regulatory bodies
Overall, the features of statutory services are
designed to promote compliance with relevant laws
and regulations and ensure that businesses and
individuals operate legally and ethically.
10Statutory Acts and its features
11What Makes us Different?
Quality Audits
Continuous Learning
Expertise
Experience
Our statutory department is led by a group of
statutory specialists including advocates,
retired officers from different legal bodies
We are currently handling payroll and statutory
part of more than 50 clients all over Kerala and
our client strength is growing day by day
We conduct quality audits in our compliance and
payroll process in order to ensure an error free
service delivery.
We are regulary conducting webinars and classes
regarding statutory norms and keep our clients
updated.
12Our statutory Services
- Our Payroll and Statutory department is managed
by a team of advocates and retired officers from
various statutory related departments .We can
ensure quality services to your company. - We provide support and assistance in handling the
statutory and compliance functions of companies
across Kerala. We will undertake the entire
matters related to the compliance of EPF Act, ESI
Act, Panchayath / Municipality Act, Bonus Act,
Gratuity Act, Workers Welfare Fund Act , WPS, etc
13gtgt General Statutory Auditing ESI
REGISTRATION AND RETURN FILING EPF REGISTRATION
AND RETURN FILING LABOUR REGISTRATION CONTRACT
LABOUR REGISTRATION PAYROLL PROCESSING THROUGH
WPS FACTORY REGISTRATION DOCUMENTS
PREPARATION UNDER VARIOUS ACTS FOR STATUTORY
COMPLIANCE ONLINE PF WITHDRAWAL
SUPPORT PROFESSIONAL TAX CALCULATION AND
SUBMISSION LABOUR WELFARE FUND AND WORKERS
WELFARE FUND- registration and payment
INSPECTION HANDLING -FACTORIES, EPF, ESI
LABOUR
14ESI-EPF Registration and filing is mandatory as
per the law . We can help you to design your
payroll with minimum deductions
Statutory auditing will help you to analyse your
current position of mandatory statutory works
Smooth functioning of an establishment depends on
how they obey the rules
Labour registration and timely renewal will help
to avoid legal actions and to avail government
benefits
We help you to process WPS payments in most
effective way.
15We can help you to keep the mandatory registers
and documents which can help handle the
inspection and legal actions
All statutory calculations
16Keeping your registers in order
Hope you are maintaining these registers
- Register of contribution KS Commercial
Establishment workers
welfare act 2006 - Register of wages, OT register, register of fines
- Employees register (form 6),Accident
register(form 12) - Form A,B and C( Bonus Act )
- Form 11,form 3A,Inspection Book(EPF)
- Appointment letter, Service record(form BB)form
D, register of holiday and leave - Muster roll in form VI, register of wages( Form
XI),Form XII, Overtime register (Form V),Register
of fines (For I), Annual Return , Register of
employment and wages etc..
17Error free statutory and payroll should ensure the following
1, attendance collection 2, payroll
calculation 3, payroll rechecking 4, Salary
processing 5, statutory deductions calculation 6,
statutory filing 7, statutory registers 8,
Statutory returns 9,employee letters(appointment
letter, appraisal etc 10, gratuity ,bonus
calculations and returns 11, statutory rules
updations 12, Inspections handling 13, employee
enquiries etc..
18Teemar Payroll Deliverables
- attendance collection and hand over the data to
us
- 1, payroll calculation
- 2, payroll rechecking
- 3, Salary processing
- 4, statutory deductions calculation
- 5, statutory filing
- 6, statutory registers
- 7, Statutory returns
- 8,employee letters(appointment letter, appraisal
etc - 9, gratuity ,bonus calculations and returns
- 10, statutory rules updations
- 11, Inspections handling
- 12, employee enquiries etc..
19We offer comprehensive support and training
services to help you get the most out of our
software. Our customer service team is available
to answer your questions and resolve any issues
that may arise. We also provide detailed
documentation and training materials to help you
learn how to use our software effectively.