Pay employees quickly and compliantly in any of India's 28 states
With employment regulations varying in each of their 28 states, expanding your business into India can be complex. This is especially true when it comes to running payroll in India. Our payroll services in India can take this stress away, helping you to onboard employees and run payroll in one of the fastest growing trillion-dollar economies.
Running Payroll in India
Running international payroll is one of the more complex parts of business expansion. Getting to grips with global tax and employment laws is an incredibly complex and time-consuming process. When setting up payroll in India, companies must:
- Establish an entity, a difficult process that can take months
- Set up a TAN (Tax Account Number) for Tax
- Establish an ESI Number for Employee insurance
- Have a PAN (Permanent Account Number) for Tax submission
- Have a PF Number for the Social Security Scheme
Complying with the necessary payroll requirements can take anything from 15 to 45 days, however, as with many of India's policies this can differ depending on location. In addition to these country wide payroll regulations, India's benefits, payroll best practices and minimum wage requirements can vary from state to state. For example, it is estimated that there are 1,200 minimum wage rates across the country's 28 states.
It is legislation such as the above that Leap29 can help you to navigate as your Indian payroll provider, allowing you to focus instead on your company's growth.
Payroll Services in India
Complying with Indian payroll legislation can halt business growth by taking you away from more important tasks. By using our PEO and payroll services in India, we can remove employer liability from you whilst ensuring full compliance with employment regulations.
Our payroll solutions in India ensures that all your employees are paid correctly and on time, guaranteeing you have the relevant account numbers for tax submissions and that you are contributing accurately to social security schemes and employee insurance. This is all without you having to establish a costly and time-consuming legal entity.
Under our payroll solutions we will also:
- Calculate salaries
- Create monthly or weekly payslips
- Calculate tax free allowances and progressive tax rates
- Submit tax returns
- File annual wage reports
- Manage expenses and employee benefits
- Comply with immigration, tax and insurance laws
- Process multi-currency payments with minimum administration
As with all of our Indian PEO Services, we can tailor payroll solutions to your individual requirements, from paying one employee to a whole workforce.
Why Choose Leap29 as your Indian Payroll Provider?
Combining over 20 years of experience as a PEO and payroll provider with first-hand knowledge of global practices, Leap29 can save you from the complexities of international payroll.
With a dedicated team of PEO and recruitment experts based at our Indian office and exceptional knowledge of Indian employment laws in every state, we are in a prime position to provide payroll services in India.
Using the latest technology, we have the capacity to pay up to 5,000 contractors every day in 89 countries worldwide. This, combined with our experience onboarding employees across multiple sectors including Engineering and Construction, Oil & Gas, Pharmaceuticals, Renewable Energy and Technology, means that we can be the trusted PEO and payroll partner of choice regardless of your company size or sector.
If you want to find out more about how our payroll services in India can help your business thrive in the fastest growing trillion dollar economy, call our experts today on +44 (0) 1625 537 555 or email firstname.lastname@example.org.
What Our Payroll Clients Say
"For the last few years, we have worked very closely with Simon and the team at Leap29 on a number of different projects in multiple countries across the globe. Leap29 have been a fantastic partner for us and are always willing to think with us to find the best solution. The communication with the team at Leap29 has always been excellent and Simon, in particular, is great to work with! They come highly recommended from us!"
Payroll Services by Location
Wherever you are based, and whether your business is looking to expand into India or beyond, Leap29 have payroll experts ready to support you. We are compliant with the relevant licenses worldwide to give you peace of mind that your company's expansion is in specialist, safe hands.
Payroll Services in the UK
Leap29 offer expert payroll services in the United Kingdom.
Payroll Services in The Netherlands
Leap29 offer expert payroll services in The Netherlands.
Find Out More
Payroll Services in Singapore
Leap29 offer expert payroll services in Singapore.
Find Out More
Payroll Services in Malaysia
Leap29 offer expert payroll services in Malaysia.
Payroll Services in Germany
Leap29 offer expert payroll services in Germany.
Payroll Services in UAE
Leap29 offer expert payroll services in UAE.