Vartana Consulting

Vartana Consulting handles payroll responsibilities such as the Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT) and Labor Welfare Fund (LWF). We are also industry experts who appreciate all the complexities involved in the process of complete and final settlement. Our payroll platform provides a safe and reliable archival and data processing system with a particular focus on privacy and confidentiality protection. We are fully equipped to offer end-to-end payroll processing services.

List of payroll

CTC Formulation :Crafting tailored salary structures based on a cost-to-company (CTC) approach, ensuring transparency and budget alignment.
Data Management:Meticulously maintaining payroll and tax data in full compliance with regulations, prioritizing security and confidentiality.
Accurate Net Pay:Flawlessly calculating net salaries, accounting for loss of pay (LOP) to ensure a seamless payday experience for your employees
Monthly Salary & Variable PayManaging the smooth monthly disbursement of salaries and variable pay, ensuring punctual delivery of earnings to your employees.
Payslip Generation:Issuing clear and concise pay slips to employees, providing transparent records of earnings and deductions.
Tax Support:Guiding through tax declarations intricacies, guaranteeing accuracy and maximizing deductions and exemptions.
Tax Calculation & Payment:Meticulously calculating taxes on employee remuneration and ensuring prompt payments to authorities.
TDS Management:Maintaining tax payment acknowledgement challans and compiling data for electronic TDS return filing in Form 24Q (Salary) quarterly.
Form 16 Issuance:Generating Form 16 for salaried employees annually, ensuring compliance and timely delivery.
PF, ESI, PT & LWF:Handling statutory compliance for provident fund (PF), employee state insurance (ESI), professional tax (PT), and labor welfare fund (LWF), alleviating the burden of managing complexities.
Reimbursements & Arrears:Streamlining the process of reimbursements and arrears for your employees
Full & Final Settlement:Ensuring seamless and error-free full and final settlement process for departing employees.
Withholding Tax & Tax Advisory:Handling withholding tax on salaries and offering valuable advisory services to maximize tax deductions and exemptions.

Our Value added Services

Formulation of salary structure on cost to company (CTC) basis
Maintenance of payroll and tax data in prescribed manner
Calculation of net salary payable after considering loss of pay (LOP)
Assist in disbursement of salary on a monthly basis
Assist in variable disbursement on a monthly basis
Issue pay slips to employees on a monthly basis
Assist in verifying tax declaration forms
Obtaining tax declarations in connection with deductions/exemptions
Calculation of taxes on employee’s remuneration
To maintain tax paid acknowledgement challans
Payroll compliance with provident fund (PF), employee state insurance (ESI), profession tax (PT) & labour welfare fund (LWF)
Compilation of data in prescribed format to file TDS returns electronically

To file the TDS returns electronically in Form 24Q (Salary) on a quarterly basis
Issue Form 16 annually for salaried employees on or before due dates
Assist in PF payment of dues on or before due dates
Filing of PF returns on or before due dates
Assist in ESI payment of dues on or before due dates
Filing of ESI returns on or before due dates
Preparation of PT payment challans and filing of returns
Processing reimbursements and arrears
Processing full & final settlement
Withholding tax on salaries
Advisory on tax deductions/exemptions
Assist in payment of taxes on or before due dates

Payroll Support Services