Comprehensive Payroll Training

The functionality and the process of Payroll have become increasingly dynamic and integral to productivity and efficiency in the workplace. The sometimes fluid nature of India's regulatory environment requires administrators to adopt payroll procedures and systems that are flexible enough to allow for new compensation structures. Failure to comply with tax laws or new payroll regulations can invite unwanted attention from the authorities, while unanticipated changes to salary structures can demotivate and alienate staff. Payroll that needs processing by each organization periodically includes calculation of payments to employees for their work in the company and involves accurate payroll calculations, disbursal, pay slip generation, and managing payroll taxes and record keeping compliance.

HR executives are facing a gamut of changes that are impossible to adapt to unless they receive the right guidance, from the right people (experts), at the right time to ensure compliance. Such assistance often helps in streamlining and improving the efficiency of current practices, which increases productivity.

We have experts in HR and Payroll compliance in the country to provide employers, and HR & Payroll professionals with the best available knowledge and guidance. Our expert trainers provide HR executives the expertise and information to enable them to keep up with and adapt themselves to the changing regulatory tides. Our informative training sessions will help bridge the gap between existing and the new, required systems and cover the most pressing topics in the industry.

Our Topics Include

  • Orientation on Payroll Process
  • Concept and Relevance
  • Designing of Cost to Company
  • Orientation on different formats of CTC
  • Components of Payroll
  • Payroll Procedure
  • Labour Related Legislation Affecting Payroll
  • Pay Calendars
  • Payment Periods & Frequencies
  • Basics of Payroll Processing
  • Designing CTC
  • Principles of Payment & Deductions
  • Understanding Pay Structure
  • Basic, DA, HRA, Conveyance, Medical allowances, other Allowances etc
  • Salary and Wage Payments
  • Calculation of Net & Gross Salary
  • Statutory deductions like PF and ESI
  • Overtime & Flexible Leave
  • Leave, Travel Allowances & Local Travel Assistance
  • Medical Payments
  • Salary Breakup
  • Income Excluded from Tax
  • Employees Deposit – Linked Insurance Scheme
  • Employees Pension Scheme
  • A basic understanding of Taxation
  • Tax Deduction @ Source
  • TDS for salaried employees
  • TDS for contractors
  • Implications & Default rules for TDS
  • Taxation & Employees Provident Fund
  • PF trust management.
  • Gratuity trust management
  • Pension trust management
  • Superannuation trust management
  • Third Party payments
  • Tax Exemptions under Section 80 C, 80D, 80CCA etc
  • Describe the requirements for record keeping.
  • Define tax considerations.
  • Payroll Reports