Streamfix, Nagpur(Id# nMQDp-nkLE)

Payroll processing is an essential and significant function of any organization. Payroll can be a demanding function; since it requires smooth execution of several complex tasks like salary calculations, tax compliance, provident fund, and many more activities.

Payroll administration has endless tasks associated with it. Even the most meticulous and experienced professionals in India find it challenging to keep track of the country’s changing social security, tax and regulatory norms when computing payroll for its employees. This is why it becomes advisable to outsource payroll – which is a functional mix of human resources and accounting – to a qualified service provider to avoid financial and legal implications. Such a policy enables the company to focus on its core business functions and profit-making operations.