The Payroll Setup Checklist: Everything You Need to Know to Get Started

What is a Payroll?It’s a list of the employees working for your company and the money you pay to them as salary. Payroll Outsourcing Services actually makes it easier for you to manage the payroll, deal with statutory compliance, and manage taxation.Here’s the essential payroll setup checklist to facilitate a smooth transition:Get the company papers ready: You need to obtain RoC, Electronic Challan cum Return (ECR), Tax Payer Identification Number (TIN), GST etc. as those will be required prior...

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Challenges for tech startups in Payroll Processing Services

What are some of the challenges for tech startups in Payroll Processing Services?As easy as it is, to begin a company; there are endless limitations and cons associated with such startups. To start a company altogether randomly, without realizing the implications of certain factors, can definitely be labelled as the mistake of a lifetime. One such limitation that poses as a constant challenge to most startups is, of course, the payroll processing services sector. Many startups tend to look...

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