Payroll & HR Solutions
Streamlining Your Human Capital Operations Managing a workforce in India requires navigating a dense landscape of social security mandates, tax perquisites, and evolving labour codes. For foreign subsidiaries, payroll is not just an administrative task—it is a critical compliance function that impacts employee trust and corporate legal standing.
At Consulting Finance, we provide a structured HR and payroll ecosystem. We specialize in the complexities of cross-border employment, ensuring that your local staff and Japanese expatriates are paid accurately, on time, and in full alignment with Indian statutory requirements.
Services Offered
Streamlining Your Human Capital Operations Managing a workforce in India requires navigating a dense landscape of social security mandates, tax perquisites, and evolving labour codes. For foreign subsidiaries, payroll is not just an administrative task—it is a critical compliance function that impacts employee trust and corporate legal standing.
At Consulting Finance, we provide a structured HR and payroll ecosystem. We specialize in the complexities of cross-border employment, ensuring that your local staff and Japanese expatriates are paid accurately, on time, and in full alignment with Indian statutory requirements.
3. Detailed Payroll & HR Services
We offer a unified suite of services to manage your most valuable asset—your people:
End-to-End Payroll Processing: Monthly salary calculations, generation of pay slips, and management of reimbursements and deductions.
Expatriate Payroll Specialist: Handling complex “Net-of-Tax” salary structures, hypothetical tax calculations, and dual-residency tax compliance for Japanese personnel.
Statutory Remittances: Timely management of Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) contributions.
Income Tax & TDS Management: Accurate calculation of monthly Tax Deducted at Source (TDS) on salaries and issuance of annual Form 16 for all employees.
Leave & Attendance Management: Establishing digital tracking for attendance, overtime, and leave balances in accordance with the Shops and Establishments Act.
Bonus & Gratuity Valuation: Managing statutory annual bonuses and long-term liability calculations for gratuity as per the Payment of Gratuity Act.
Full and Final Settlements: Professional management of the exit process, including final dues calculation and issuance of experience letters.
HR Policy Design: Creating localized employment contracts, non-disclosure agreements, and employee handbooks that mirror your global corporate values.
Frequently Asked Questions
We manage the specialized “Shadow Payroll” or net-salary schemes, ensuring that the tax on perquisites and overseas allowances is accurately calculated and deposited with the Indian tax authorities.
Absolutely. We utilize secure, encrypted systems to process payroll, ensuring that sensitive salary data is only accessible to authorized management personnel.
Yes. We ensure all your payroll records, attendance registers, and social security filings are maintained in an “Audit-Ready” state to comply with inspections under the Factories Act or State Labour Department.
We have a structured onboarding process that includes data migration, verification of opening balances, and alignment of current policies with statutory best practices to ensure zero disruption to your employees.