3Lesson 3
· 10 min readRunning India-compliant payroll
RUNNING PAYROLL:
1. HRMS then Payroll then New Run
2. Select month and year
3. Click Generate
4. Review calculations
5. Approve and generate payslips
AUTOMATIC DEDUCTIONS:
- PF: 12% of Basic from employee plus 12% employer contribution
- ESI: 0.75% employee plus 3.25% employer for salaries up to 21000
- Professional Tax per Karnataka slab
- TDS per new tax regime slabs
- Loss of Pay deducted for unapproved absences
PAYSLIPS: Click Email All Payslips to send PDF payslips to every employee in one click.
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