Navigate the complexities of payroll and human resource management effortlessly with Startupmates’s Payroll Outsourcing Services. Streamlined processes, enhanced efficiency, and comprehensive solutions tailored to meet the unique needs of your organization. Elevate your Human Resource practices with us.

What Do We Take Care Of?

  1. Effortless Monthly Salary Processing: Trust Startupmates for seamless and compliant monthly salary processing across India. Our adept team ensures accurate calculations, covering Provident Fund, Income Tax TDS, and Gratuity, while seamlessly integrating with your systems.
  2. Salary Process Optimization: With a track record of serving over 1000 corporate clients, Startupmates offers industry-best practices to streamline your monthly salary preparation. Benefit from our expertise to enhance efficiency and simplify employee onboarding/offboarding processes.
  3. Income Tax TDS Calculation and Filing: Leave the complexities of Income Tax TDS calculations and filing to us. Startupmates professionals manage the entire process, from obtaining declarations to filing quarterly TDS returns, ensuring timely disbursement of Form 16 for your employees.
  4. Expert Advisory Services: Startupmates goes beyond payroll services, providing expert advisory on CTC framing, fair value determination, and perquisite taxability. Count on us for litigation support related to TDS on salaries, backed by effective strategies to address challenges.

Startupmates: For Best Corporate Payroll Service In India

Startupmates stands as a premier firm of Chartered Accountants, centrally located in Delhi and extending its expertise globally. Boasting over a decade of industry experience, Startupmates emerges as the top preference for new firm registration services, financial advisory, and outsourced bookkeeping services. Dive into the reasons why Startupmates could be the paramount financial consulting firm for your organization.

Trustworthy

At Startupmates, our legacy of dedicated service spans an extensive duration. We deeply appreciate the trust and time you invest in us, reflecting our commitment to delivering unparalleled services. Recognizing the significance of your concerns, we guarantee the utmost confidentiality of your data and the precision of our services.

Industry Insights

At Startupmates, we take pride in our unparalleled pool of talent. Our team comprises seasoned professionals, including Chartered Accountants and other licensed experts, possessing extensive experience in navigating complex business scenarios and delivering top-notch professional accounting services.

Timeliness

At Startupmates, we uphold a firm commitment to punctuality and the timely delivery of our services. Our proactive approach ensures not only meeting deadlines but also providing timely reminders to our clients, facilitating the prompt completion of their legal compliances. Your success is our priority, and we strive to deliver services that exceed expectations.

Benefits Of Outsourcing Payroll Processing Services In India

Efficiently manage payroll tasks with Startupmates. Save time, resources, and costs by outsourcing your payroll processes.

  • Payroll calculation
  • Determine your tax liabilities.
  • Deliver management reports
  • Make checks.

Boost Your Company’s Productivity

According to Inc. Magazine, the first duty that Startupmates should outsource is payroll. Startupmates’s Payroll Processing Services in India have the skills and ability to relieve the staff of time-consuming processes involved in payroll management.

When outsourcing this business process element, employees are free to focus on other duties that help Startupmates create income and offer value. In other words, more time and resources may be allocated to essential company tasks.

Registration Under GST

Every entity engaged in the supply of goods and services in India, including Startupmates, is required to register under GST. Typically, registration is necessary if the turnover from the sale of goods exceeds Rs. 40 lakhs annually and Rs. 20 lakhs for services. However, certain north-eastern states have a lower threshold limit of Rs. 10 lakhs. For specific supplies, such as the import/export of goods and services, registration is mandatory.

The provision of GST registration has been prescribed under chapter VI of the CGST Act, 2017 and Section 22 to Section 30 of the CGST Act, deals with the registration by the every supplier of goods and services. Section 22 of the CGST Act, specified that “ Every supplier shall be liable to be registered under this Act in the State or Union territory , other than special category States, from where he makes a taxable supply of goods or services or both , if his aggregate turnover in a financial year exceeds twenty lakh rupees”
But the person makes taxable supplies of goods or services or both from any of the special category States; he shall be liable to be registered if his aggregate turnover in a financial year exceeds ten lakh rupees.

Assigning Responsibilities

When Startupmates opts to outsource Payroll Processing Services to India, it facilitates a more efficient and disciplined approach in assigning responsibilities. A professional payroll processing service plays a crucial role in developing an accurate and error-free payroll administration system, meeting the company’s expectations.

Keeping abreast of ever-changing tax regulations is a challenging task. Failing to do so can lead to an increase in errors, potentially resulting in higher IRS fines and penalties. Payroll Outsourcing Services in India are well-versed in staying updated with the latest tax requirements. They can adeptly compute and file Startupmates federal and state payroll taxes, ensuring timely and accurate compliance.

Cost- Cutting

For Startupmates, outsourcing payroll processing proves to be a cost-effective strategy, leading to significant savings. The primary area of cost reduction lies in the substantial time savings for employees. This time efficiency is realized in various aspects of payroll processing:

  1. Regular Payroll Calculations: Startupmates’s employees can save time by not having to manually calculate payroll regularly.
  2. Report Generation: The responsibility of producing various reports for accounting and internal purposes is efficiently handled by the outsourced payroll services.
  3. Paycheck Distribution: The task of distributing paychecks or pay stubs is managed seamlessly by the payroll services provider.
  4. Payroll Tax Preparation and Remittance: Outsourced payroll services in India take charge of the meticulous preparation and timely remittance of payroll taxes.

Upon conducting a time-cost analysis on a monthly or payroll-period basis, Startupmates will observe substantial time and cost savings. Each moment saved translates into tangible cost reductions, making payroll outsourcing an economically sound choice.

Make Processes More Organized

Outsourcing payroll processing services to India through Startupmates offers numerous advantages. As your company experiences continuous growth, outsourcing becomes a flexible solution. Businesses and their operations naturally expand over time, necessitating adjustments in payroll processing requirements.

By outsourcing to corporate payroll processing companies in India, Startupmates can seamlessly scale up or down based on specific needs. This eliminates the need for additional recruitment and avoids significant modifications to existing payroll processing procedures.