Running payroll means more than paying salaries, it means structuring pay correctly, generating payslips, deducting and depositing TDS, PF, ESI, and professional tax, and settling exits on time. Samkhya runs your end-to-end payroll, keeping every pay run accurate and compliant.
Payroll is the monthly cycle of paying employees and meeting the statutory obligations that go with it. A complete payroll service structures the salary, increasingly so that basic pay and dearness allowance make up at least 50% of the package, in line with the Code on Wages now in force, computes each pay run, and generates payslips. From each salary it deducts and deposits the TDS, PF, ESI, and professional tax, files the related returns, and issues Form 16. It also handles joiners and leavers, including the full-and-final settlement of an exit, now required within two working days. Done well, payroll keeps employees paid correctly and on time and the employer compliant across the income-tax, PF, ESI, and labour requirements, the individual filings of which Samkhya also handles.
Outsourcing payroll brings clear benefits:
A complete payroll service covers:
Running payroll involves:
Payroll services suit:
A payroll cycle begins with the employee and attendance data for the month and a salary structure that meets the wage rules, with basic and DA at least half the package. Each pay run is computed, applying the TDS, PF, ESI, and professional tax, and payslips are generated. The statutory amounts are then deposited by their due dates, TDS by the 7th, PF and ESI by the 15th, and PT as the state requires, and the related returns filed, with Form 16 issued after the year. Joiners are added and leavers settled, the full-and-final now due within two working days of exit. Samkhya runs this whole cycle, so the employer simply approves the payroll and the rest, payment, deductions, deposits, and filings, is handled.
For Each Run:
For Compliance:
A payroll cycle follows a clear sequence:
Running payroll with Samkhya Corporate Services is simple. Just follow these easy steps:
From there, our team handles the structure, pay runs, deductions, and filings.
Payroll is an ongoing cycle:
Payroll sits at the meeting point of several statutory obligations, each with its own deadline: TDS deposited by the 7th, PF and ESI by the 15th, and professional tax as the state prescribes, with the related returns and Form 16 to follow. A current consideration is the Code on Wages, now in force, under which basic pay and dearness allowance must be at least 50% of the package, which raises the PF and gratuity base and means many salary structures need revisiting. Exits, too, must now be settled within two working days. A complete payroll service keeps all of these aligned, so the employer meets every deadline without running the cycle in-house. Samkhya also handles each underlying filing, TDS, PF and ESI, and professional tax, as a standalone service.
| Element | Detail |
| Salary Structure | Basic and DA at least 50%. |
| TDS | Deposited by the 7th. |
| PF and ESI | Deposited by the 15th. |
| Professional Tax | As the state requires. |
| Year-End | Form 16 to employees. |
| Exit | Settled within 2 working days. |
What do payroll services include?
They include structuring salaries, computing each pay run, generating payslips, deducting and depositing TDS, PF, ESI, and PT, filing the returns, and settling exits.
Why outsource payroll?
Outsourcing keeps each pay run accurate and every statutory deadline met, frees the team from a complex monthly task, and ensures employees are paid on time.
What is the 50% wage rule?
Under the Code on Wages now in force, basic pay and dearness allowance must be at least 50% of the package, which affects PF and gratuity and often requires salary restructuring.
Which deductions does payroll handle?
Payroll handles TDS, provident fund, employees’ state insurance, and professional tax, depositing each by its due date and filing the related returns.
How quickly must an exit be settled?
Under the labour codes, the full-and-final settlement of an employee’s exit must now be made within two working days.
Does Samkhya also handle the individual filings?
Yes. Besides full payroll, Samkhya handles each underlying filing, TDS, PF and ESI, and professional tax, as a standalone service.