Well-organized payroll processing services have become an inevitability for every organization to streamline payroll, optimize productivity and improve administration, managing payroll and HR compliance activities in addition to your core business can become quite overwhelming and often result in issues.
With complete expertise, technical assistance we ensure that you get error free payroll monthly or as per you need basis.
On basis of our vast compensation and employee benefit experience, we do advice relevant comp structure for all business segments
Provide Integrated attendance and leave management solutions
Advise on FBP (Flexi Benefit Plan) structure in synch with your nature of business in or to optimize the tax-savings
Validation of employee FBP reimbursement bills, approve and make the payments as per company policies.
We have customized payroll software assistance, where employee can view their pay or relevant details anywhere and anytime as per company norms.
Apart of computation of payroll and reimbursements, we have the documentation custodian facilities in our software to safe guard the Important documents and make retrieval process much easier.
Responsibility for year end activities, assistance for investment proofs submissions online/offline and Investment proofs validations for tax exemptions as per Income tax act.
We take care of shift and over time allowances pay-outs as part of payroll computations.
We also take care of all deductions such as employee loans, advances along with all statutory deductions (PF, ESI, PT, LWF and Income tax)
We ensure that all LOP and LOPR with arrears and Increments if any are being incorporated and accurate output is shared with you.
Our unique software and competent team are all set to provide customized journal voucher and bank advice formats for pay outs and accounting purpose
We compute employees Full and Final settlements inclusive of all gratuity, statutory bonus /Ex Gratia pay outs as applicable flexible timelines.
Income tax returns periodically and Issuance of the Form 16 yearly.
Payroll Statutory activities are governed by central and state legislative acts’, So, adherence to these rules and regulations are mandatory for any company or factory. Keeping the 100% accurate and compliance in all these areas are quite critical and complex with internal team along with other BAU activities.
With our competitive and dedicated resource, we manage the payroll statutory compliance service with accurately and timely manner
Liaison with PF department for PF settlements or any related issues
Timely remittances of PF, PT, ESI and LWF
Maintenance of registers and records
Preparation of online challans and filing periodical returns
Registrations/amendments and renewals
Handle of all inspections and notices by authorities
Assist employees/ex-employees for PF transfer-in, transfer -out and settlements
Assist for ESI remittances sub-code wise
Assist employees to avail all benefits under ESI Scheme
Preparation and Maintenance of statutory registers
Timely submission of annual / half-early / quarterly returns under various Labour Laws
Handling inspections on behalf of the clients
Liaison with Labour, ESI, EPF and EPT authorities
Registration / Renewal / Amendment under Shops & Establishments Act
Registration / Amendment under Contract Labour (R&A) Act
Employee professional tax compliance
Periodical audits of vendor compliance status
Display of Statutory Abstracts / Notices.
3.a) The Central & State Labour laws and rules
The Employees' Provident Fund and Miscellaneous Provisions Act, 1952.
The Contract Labour (Regulation & Abolition) Act, 1970.
The Equal Remuneration Act, 1976.
The Employment Exchange (Compulsory Notification of Vacancies) Act, 1959.
The Minimum Wages Act, 1948.
The Payment of Wages Act, 1936.
The Payment of Gratuity Act, 1972.
The Payment of Bonus Act, 1965.
The Maternity Benefit Act, 1961.
The Shops and Commercial Establishments Acts, 1961
The Industrial Establishments (National and Festival Holiday) Act, 1963
The Labour Welfare Fund Act, 1965
Manpower requirements are unique for any company/Factory, it could be on skills set or full time /temporary basis, with our core competent and enthusiastic team will support for any of your business segment to maximize efficiency of your seasonal or full-time business.
All Temporary employees comes under our payroll and we ensure that they get salaries on time as per mutual agreed timelines.
We take care of Statutory compliance and related administration
Remittances of statutory payments - EPF, ESIC, TDS, Professional Tax on timely manner
We ensure that all temporary workforce enrolled under PF, ESI schemes as applicable
Shops and Establishment registrations/renewals and amendments
Registrations/amendments under PF act
Registrations/amendments under ESI act
Registrations/amendments under PT act
Factory Registrations / Licence
Trade Licences Services
New firm registration under companies act
GST registration Services
We at M2S helps you to meet your specific background checks for your employees or customers across all locations – Karnataka.
We provide the most cost-effective screening services available as our client requirements, all our screening services are customization on basis of your needs and budget.
Client can choose any checks as per your choice from the below mentioned list and we ensure you the results are served as per agreed timelines.
Education Verification
Address Verification
Employment Verification
ID Verification
Credit Check
Medical Check
Reference Check
Our subject expertise professionals provide advanced, specialized, and more practical relevant advises in all varies HR verticals, mainly on Labour laws/legislations, employee compensation and benefits, employee taxation, payroll statutory compliances, talent acquisition and background verifications.
We offer consultation services for:
Start-ups ventures
One time review of existing HR policies and advice
For all Mergers and Acquisitions
Review of Existing compensation & Benefits structure
Closure of any business
Our HR Audits covers:
All payroll registers
Statutory remittance challans
Payroll Inputs v/s outputs
New Joiners/exits data reconciliations