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Payroll is more than just cutting paychecks

Payroll outsourcing has been highly productive for companies and has been functioning since 1997. In the past five years this industry has recorded a CAGR of 15 per cent. In short, it is a win-win situation. Payroll outsourcing service For any business, managing payroll is indeed a dreadful task as it consumes a lot of man hours and is not also income generating. Employees are the backbone of every business. And businesses need to pay their staff. Payroll can also be your company’s biggest headache if it isn’t done correctly. Payroll processing is more than entering hours and printing paychecks. Simple mistakes can cost penalties and interest. In addition to keeping up with dynamic business scenario and government regulations, payroll processing proves to be time-consuming and costly tasks for most businesses. Whoever is doing your payroll whether a service provider or a member of your team must understand the relevant tax laws and regulations, all of which vary considerab

Corporate Tax Filing & Returns

More than only standard accounting and tax filling services, Brooks Consulting helps in corporate tax filings and annual returns for the companies. We work closely with all our clients as we firmly believe that clear understanding of their business goal is crucial to impart the best online payroll services. Brooks Consulting, our eminent tax planning professionals work with auditors, economists, actuaries and other specialists to offer tax solutions to companies like yours. But, wherever you do your business, we can help you enhance your cash flows; augment your gross tax margins, boost net profits, manage debt, and curtail tax rates. Whether you are looking for better tax management across a wide range of territories or with multiple entities in one territory, we have a team of skilled tax teams who can easily coordinate with your multi-country compliance requirements, help you with your tax accounting and reporting obligations. We also offer you tax compliance, ta

Payroll Management Services

More than only standard accounting and tax filling services, Brooks Consulting helps in corporate tax filings and annual returns for the companies. We work closely with all our clients as we firmly believe that clear understanding of their business goal is crucial to impart the best payroll management services . Which system and procedures should be used to effectively deal with your company’s tax commitments? Where do you start? Tax management is daunting and risky undertaking at the best of times but these days businesses also need to combat with economic uncertainty and ever-changing regulatory oversight. Making sure that you have the right workforce in place and are employing the latest technologies to effectively manage your tax obligations, is not an easy task, especially if tax management is not the core job of your company. What’s more, tax deduction is different to different companies, depending on their divergent responsibilities within a company but one t

Payroll Services For Expatriates

With so many businesses operating on an international level, the number of employees going abroad for the work is proportionately increasing. Managing an expat payroll is indeed an additional payroll accounting challenges; however, it is pivotal to keep international business moving effectively for both employers and workers alike. Whether you are currently running an expat payroll or simply looking for the expansion in the future, Brooks Consulting can provide you with the right candidate. Outsourcing payroll processing Whether you’re have a multinational company or a sole trader, our glorious years of experience enables us to impeccably review your business structure and make viable recommendations in order to ensure that you perfectly maximize the efficiency of your worldwide operations. Our online Payroll management services  will manage it all by :- For more information visit at:  https://goo.gl/S3ptGJ

What is Payroll Outsource Process ?

For any business, managing payroll is indeed a dreadful task as it consumes a lot of man hours and is not also income generating. Besides being cumbersome, it is also tiring as rules and regulations keep changing and therefore, software needs to be updated and employees are also required to abreast themselves with new tools. So to get away this tedious chore, why not outsource your payroll processing to Brooks Consulting? All you would need to do is provide us the payroll data and we will give you a viable, confidential and accurate payroll processing service . We, at Brooks Consulting offer a convenient and easy to use payroll processing services. We provide easy to read payroll checks and reports which are sent to the company via courier or e-mail. Our payroll management services are safe and a hundred per cent free of errors. We have a team of specialists who are trained in payroll processing and can also give you personalised help. These specialists are only a c

Payroll Services For Corporates

Payroll being an indispensable function for any organisation demands specialisation and a clear understanding of applicable laws in systematic processing of the employees payroll. Understanding this burgeoning requirement and also to foster confidentiality and administrative convenience, we offer a discreet range of payroll services to our wide base of clients Payroll services company . We offer a flexible and comprehensive payroll service, which may curtail a significant administrative burden from management, allowing them to pave focus on the core business operations. Using our years of experience, we ensure that salary and tax calculations are done in accordance with the appropriate legislation. Our distinct approach to payroll services is solely focused upon viable planning, a fixate approach and support to the company from start to finish. We enjoy a pan-India presence that allows us to effectively cater to the divergent needs of the client across the country i

What is Payroll Outsourcing

Payroll Outsourcing which involves employing an outside agency to do the routine work of managing salary, its calculation and payment, along with any other related functions, has transformed into an extremely successful industry. India is today one of the major destinations for payroll outsourcing. Some of the reasons for this are: Team is headed by group of Chartered Accountants which means all the statutory laws are taken care. Cost savings for the company on outsourcing payroll processing are extremely significant and can go upto 50% at times. Reductions and cost effectiveness can be achieved. Productivity is improved, as service quality provided is excellent and this frees the company from non-income generating tasks. Latest technology and software for payroll processing are used. Indian payroll processing service providers have a very highly specialized and expansive knowledge base in finance and accounting which would be of help to businesses globally. These

When is the best time to switch your payroll service ?

Before you choose, It’s vital to suppose through the transition, tasks and temporal order – particularly if this can beyour initial time change and/or you’re moving from a additional ancient payroll model to 1 that’s on-line. When’s the most effective time to switch? Generally speaking, the tip of 1 / 4 is usually cited because the best time to vary payroll service suppliers. Where as there’s nothing wrong with looking ahead to 1 / 4 to finish, this isn’t one thing you have got to try and do. With a web payroll service, it’s a lot of easier to form the switch at any time. So, whereas you have got the choice to attend till the tip of 1 / 4, you don’t need to place this off if you’re able to move forward currently. Twenty years past ever-changing payroll suppliers at any time was a giant problem. At that point, most of the info was manually inputted. For this reason, ever-changing suppliers meant transferring every bit of knowledge, one character at a time. Not so

Payroll Outsourcing An Ultimate Guide:

Every man of affairs might not be a decent controller, so it’s impossible for them to relinquish their best within the field of payroll outsourcing service . Whereas, the payroll firms have the foremost experience staffs UN agency deals with important payroll jobs in their standard of living. they need the entire experience within the space of payroll so provides a slip-up free payroll service which is additionally within the best time. It safeguards the corporate from the responsibility of paying regular payment to their staff within the correct time and also the right amount too in conjunction with scheming and filling of various taxes. This helps to avoid discontentment among the staffs and doesn’t attract any quite fines. The business simply has to send the desired information to the payroll outsourcing team and also the quantity of the calculated regular payment to them. the remainder of the work is finished by the corporate solely. Save Time: – It’s a frighten

Increase Employee Motivation In Your Company

All of these benefits can lead directly to higher retention as well as increased productivity and morale. How can you improve employee motivation in your company? The answer can be found in understanding and identifying the primary motivators in your company in payroll management services . Understanding Employee Motivators A recent study found that as employee motivation improves, the business’ stock enjoys higher subsequent returns the following year. Depending on the nature and size of a company and its workforce, there can be a wide array of motivators. Six common motivators include: •    Compensation •    Flexibility •    Time off •    Benefits •    Incentives •    Bonuses The first reason is that consistency is an important attribute for motivators and monetary motivators are dependent on the profitability of the business, which can vary from year to year. Employees still need to be motivated when budgets are tight and bonuses and salary increase

Which Payroll Compliance Are You Liable

The payroll compliances require you to – Pay certain amounts with/without deducting it from salaries File certain returns periodically Maintain and display certain registers and forms The failure to follow any of the compliances you are liable for invites a lot of unnecessary legal hassles. More often than not, inconsistencies in following payroll services company compliances are due to lack of proper knowledge. So, we prepared this neat little info graphic, that summarizes the most important outsourcing payroll services compliances for your convenience and will help you in keeping the compliance monsters in check! This Brooks Consulting Guide to Payroll Compliances will help you- Learn about different payroll compliances Check which compliances you need to follow Know what action you need to take For more information visit at:  http://bit.ly/2qHuzNS

Five Steps to Managing Your Small Business More Effectively

Budget by department; While your small business might only have two or three departments, it’s just as essential to manage departmental budget as closely as a large corporation with ten departments. Look back to the previous financial year and use this to allocate each department’s budget for the coming year; where did you have leftover budget? Where did you have to dip into other funds? Which departments met their targets in payroll outsourcing companies ? Plan ahead Look ahead at your entire small business’ calendar for the whole year; what’s going to be expensive? Where can you save money? At this stage, it’s important to not only account for the larger things, such as recruiting new staff or an office renovation, be sure to also include the smaller things; these can soon add up to more than you might expect. Don’t try and overestimate or underestimate your budget, either. By rounding costs up and down, you will either cut yourself short or run out of money; ut

How To Get Rid of Payroll Stress From Your Business?

Here are some ways you can help take the stress out of payroll: Reduce payroll-related cost As a small business owner, you’re constantly on the look-out for avenues to maximize your investments. But unwanted costs in the form of non-compliance can affect the health of your business for   outsourcing payroll service s . Apart from these there are other costs of running payroll and HR systems in-house such as labour costs of staff working to keep payroll systems running on time and ongoing IT maintenance fees. This increases the risk of a probable misuse of data or a software crash could mean your employees not getting paid on time. Also, if the resource handling the complex spreadsheet system leaves the organization, it would be a payroll nightmare on your hands. Mistakes caused by using manual methods of payroll management services cost companies almost 1% to 8% of their total payroll. Read more information visit at:  http://bit.ly/2qmjMYg

How To Manage Payroll Effectively Across Borders?

This is tricky for single site organisations, but it’s mind-achingly complex for global businesses. As companies expand across borders they inherit new HR tools and systems, efficiency slows and risk of error increases. Global firms manage that’s the corporate equivalent of spinning plates. And even if they manage to master that particular circus trick, or adapt their existing systems to accommodate all new employees, those systems would still have to take into account the different employment laws, rights and taxation for each new jurisdiction. Managing the HR costs effectively The costs of doing all this, per employee, are steadily rising year over year. Payroll management services  is a equation to solve. In fact, according to Ernst & Young, 55% of global firms doubt they will ever find a payroll solution that satisfies their payroll processing service s needs. On top of this comes the required technology infrastructure, which can become particularly expen

Is The Threat of Job Automation Affecting Your Recruitment Strategy?

If the threat of job automation is impacting your organization’s ability to attract top talent, it’s likely time to revisit your recruitment strategy. Because technology has become a big part of how different industries perform tasks, it can cause a fear of job stability for many employees seeking new positions in these industries. Fear of being replaced by software or an algorithm can cause job seekers to consider switching industries or independently pursue training in recruitment firm for expatriates in India . Automation is not just for sophisticated manufacturing equipment or robots in the industrial sectors. Marketing, sales, recruitment and even management duties are being replaced with sophisticated technologies that replicate common job duties in IT recruitment firm in India .   Read more information visit at:  http://bit.ly/2nFne2K

Ways to make your payroll process complaint and error free.

Many organizations handle the payroll process in-house. At the same time some businesses outsource their payroll service provider who handles all the aspects related to this. In both the cases it is very vital to understand the compliance related aspects and micro-manage them to prevent any issues in payroll, since this is related to the operational cost of the organization and any errors will directly impact on the ROI as well as, since these compliance related aspects are related to the government, it might even result in adverse effects in the reputation. When your organization handled statutory compliance related activities, the factors that tend to influence and create errors include: Time Consuming and Cumbersome processes The first and foremost factor that tends to create an issue with regard to compliance and outsourcing payroll processing  is that your HR leader must be an expert in the industry. He must be aware of all the changes that tend to happen

Top 5 Ways to Improve Employee Engagement Strategy

HR Management is a very important aspect of business development and organisational growth. For any business to be successful, it is very important that the most important stakeholders of the business i.e. the employees, are engaged and happy. They should be capable of aligning their goals and values with that of the company. Things were easier when a company had only a handful of employees and the business development was limited to conducting existing business, with no scope for expansion and globalisation in payroll services company . Top 5 Strategies for employee Engagement: Before we proceed, we need to understand the need for engagement in the first place. The business world today is filled with competitors with a requirement for an appropriate talent pool. In such a scenario, it becomes very essential to understand what an employee needs to be able to reach out to them and make the company the perfect place to grow professionally in outsourcing payroll processi

8 Signs Telling Small Business To Choose HR Outsourcing Services

Payroll outsourcing services  have proved to be a boon for small businesses. This is probably due to the fact that a small business that is just in its beginning stages spending money on activities which would not generate direct revenue can be really frustrating. 1) Time wastage:   There is no doubt in the fact that any new small enterprise that is set up has to go through handling many things at the same time. However, HR problems like  skill training  and payroll are quite time-consuming and if you are spending a decent time resolving them then probably you are not paying much attention to other much more critical activities. Whether it is trying to focus on  learning and development   of skills related to employment laws, or wasting time looking for the ideal guy to fill in a vacant opening the time spent stops you from strategizing other important tasks. If you are also doing the above it is the ideal time to look for external payroll outsourcing companies. Re

Ease Of Doing Business: Government Plans to Introduce New Integrated From For Company Registration

The government plans to introduce a new version of the integrated company incorporation gurgaon form in a measure aimed at enhancing ease of doing business that targets reduction in average number of days for incorporating a company to one to two days from more than four days at present.   The new form, INC29, will have an option for entities to apply for director identification number or DIN and reservation of name through a single e-form.   "This new version of form INC29 will allow up to five directors to be appointed and greater flexibility in proposing a name for a company. Suggestions from the stakeholders are being taken," the government said in a press release. The reservation of a name, incorporation of company and appointment of directors of the proposed company can be filed in the integrated form. The government said the time taken for company registration gurgaon has already been halved through measures introduced to enhance ease of doing busin

Here's What You Need to Know To Save Taxes in 2017

The tax saving season is here. Tax saving should be done throughout the year but many generally do it in the last two-three months. So, if you are planning tax savings for 2015/16, it will be helpful to know your options in chartered accountant in Delhi . Investments against which you can claim tax deductions All the following instruments are qualified for a deduction of up to Rs 1.5 lakh under Section 80C. 1)    Tax saving equity linked saving schemes: These are equity mutual funds which investment in stocks and related instruments. These funds have a lock-in period of three years. If you want to save tax as well as grow your money , tax saving mutual funds can a good option as equities have the potential of delivering inflation-beating returns in Internal auditor in India . Read more information visit at:   http://bit.ly/1Un9Qs8

Ordinance Likely to Amend Payment Of Wages Act.

A mid currency crunch, the government is mulling over bringing in an ordinance to amend the payment of wages Act for allowing business and industrial establishments to pay salaries through Cheques or by electronic modes. “The government may bring an ordinance to amend Payment of Wage Act, 1936, to nudge employers of certain industries to make payment through electronic modes and cheques,” a source said Direct foreign investment in India . The source further said, “The bill for the purpose was tabled in the Lok Sabha on December 15, 2016. It can be pushed for passage in the Budget session next year. Thus, instead of waiting for two more months, the government can issue the ordinance and later it will be passed in Parliament.” Standard practice is, government brings ordinance to amend laws for immediate implementation of new rules. An ordinance is valid for six months only. Government is required to get it passed in Parliament within that period in accounting out

Missing on Employee Feedback - Outsourcing Payroll Services Shows Ways to Fix It

Outsourcing payroll services : At times plays a better role by helping you focus on much important tasks. Most employees these days want to know whether they are performing as per the expectations of their employer or not. Most small business In India are still not able to find the right balance between encouraging and informing the admitted to knowing whether their work performance is laudable or not. One of the most important jobs of any manager is to be personally involved in the performance of his employee and also inform them about it. Even if the companies outsourcing payroll processing , the pressure of work does not end. This leads to a considerable employee work force who remains disgruntled Get more information visit at:  http://bit.ly/2mCU6IL

More Online Services May Face Google Tax

The government is likely to expand the scope of the equalisation levy, the so-called “Google tax”, to bring more digital transactions into the tax net in the upcoming budget to curb tax avoidance by multinational chartered accountant firms in mumbai . Online sales of goods and services; downloading of software, songs, movies and books; and online consumption of news are among the services that the government may consider for the levy. “Internationally the trend is to bring more digital transactions into the tax net as multinational companies end up avoiding taxes. It was just a beginning last year when we introduced a six per cent tax on online advertisement,” said an official. The government has imposed a six per cent levy for business-to-business transactions on income accruing to foreign e-commerce companies from India for specified services like online advertisement. It has been imposed on non-resident companies without a permanent establishment for incomes

Business Made Easy With Payroll Outsourcing

In order for many business to be more productive efficient and profitable while saving on money and resources has been one of the famous options that even large companies find hard to resist. One respect of business that is being outsourced today is outsourcing payroll processing , which is said to be most time-consuming and costly task of running a business. Effective business management can be achieved through outsourcing since you will significantly reduce the amount of work you will face while you take care on sales and marketing for your company to be even more successful and profitable. Outsourcing an aspect of the business will help you streamline and integrate various processes within your company. You have specific requirements difference from other companies operating within your industry. But the bottom line here is that you will definitely benefit if you want to significantly reduce the overall administrative cost of running a business. So what can you make

BEST PAYROLL MANAGEMENT FIRM OF THE YEAR INDIA 2017 AWARDED BY BBC Knowledge

Read more information visit at:  http://bit.ly/2lgHHco

Government rules out tax incentive beyond Rs 2 lakh for second home

Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds. Moreover, he added that the tax incentive for second home loan borrower is being “virtually misused.” foreign companies subsidiay Citing limited resources, he said it is prudent to subsidise first-time buyer and not the second property owner who is not staying in that but earning income from the second unit. The Finance Bill 2017 has restricted set-off of loss towards second home against other heads of income up to Rs 2 lakh under Section 71 of the Income Tax Act. service tax consultant in delhi Read more info visit at:  http://bit.ly/1QzBA6U

Want to Calculate Your Income Tax? How You Can Do That

If you think that calculating taxable income is a big thing, then you are wrong. It is simple the only thing you need to know is about the deductions and exemptions you are claiming for and the relevant sections. However, one must take the help of a chartered accountant or a financial advisor in doing so in wholly owned subsidiary in India The salary received by an employee is taxed under the head income from salary. The computation of tax is done mainly on the gross salaried person in company incorporation in India . It is necessary for every individual to understand the basic calculation for computing income tax. Suppose, somebody is earing an annual salary income of Rs. 11 lakh and has done the following investments In the financial year. Get more info visit at:  http://bit.ly/2jdfNsP

India, Singapore Revise Tax Treaty

The government signed a pact with its Singapore counterpart on 30th Dec, 2016, amending their decade-old tax treaty, gaining indirect taxation in India rights over capital gains. This is the third double taxation avoidance agreement (DTAA) amended so far this financial year with a zero or low tax jurisdiction. The other two were with Mauritius and Cyprus. According to tax consultants in India , Mauritius would be the most attractive source of investments into India for debt funds and Singapore for equity investments. Mirroring the revised IndiaMauritius DTAA, the government has some grandfathering provisions (having the old rule continuing to apply for some existing situations, with the new one for all future cases) and a two-year transition benefit to investments from Singapore. The revised pact will take effect from April 1, 2017. For two years from that date, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate. The short-term rat

Boost Profits & Grow Your Business Implementing These Awesome enefits of Accounts Outsourcing

The rise of the online community has changed the way in which we do business forever.  It has brought us closer to people that can help with our day to day operations as well as backend business needs, enabling our businesses to run smoother and turn more profit.  One of the key places that this has really made a difference for business owners is in   outsourcing payroll processing . Payroll management services  is much like going to the dentist—no one really wants to take the time out to do it but neglecting the issue can lead to serious repercussions.   For the most part, this is why business owners just want to hire someone to do it and not have to think about it themselves until March or April. Read more information visit at:  http://bit.ly/1TCEsqX

Royalty Paid to AE Was Not Capital Exp as it was Paid for use of Trademark and not for its Acquistion

Where assessee-company made payment of royalty to its AE for mere use of trademark, that too by means of non-exclusive licence, it was to be allowed as revenue expenditure while determining ALP. Assessee-company (GKN Driveline (India) Ltd.) was engaged in business of manufacture and sale of Constant Velocity Joints (CVJ) – During relevant year, assessee made payment of royalty to AE for use of its trademark in respect of manufactured products – In transfer pricing proceedings, TPO taking a view that payment in question was capital in nature, disallowed same and made certain addition to assessee’s ALP – It was noted that Tribunal in assessee’s own case relating to earlier assessment year, opined that assessee did not acquire any ownership right in trademarks by paying amount of royalty – It was further noticed that royalty was paid simply for use of trademarks, and that too tax consultancy firms in delhi , by means of a non-exclusive license – Tribunal had thus conclude

Boost Profits & Grow Your Business Implementing These Awesome Benefits of Accounts Outsourcing

The rise of the online community has changed the way in which we do business forever.  It has brought us closer to people that can help with our day to day operations as well as backend business needs, enabling our businesses to run smoother and turn more profit.  One of the key places that this has really made a difference for business owners is in   outsourcing payroll processing . Payroll management services  is much like going to the dentist—no one really wants to take the time out to do it but neglecting the issue can lead to serious repercussions.   For the most part, this is why business owners just want to hire someone to do it and not have to think about it themselves until March or April. Get more information visit at:  http://bit.ly/2jXE9c8

Hope Budget Brings Cheer To The Honest Taxpayers.

The union budget for 2017 is expected to be unique in many ways. For the first time.  The budget is planned to be presented In the parliament on 1 February as compared to the regular practice of presenting it on the last day of February. Defying the age old tradition, the initivative of presenting the union budget in the parliament along with the Railway budget is also a significant change this year. Further company registration in India . The big step of demoentisation by the government by the government has set the bar of expectations very high viz a viz the tax reforms In the 2017. Union budget, Also the expectation of the citizens is that the success of company formation in india income disclosure scheme will urge the government to take measures on order to encourage more people to come forward to file their tax returns. The top expectation from the Budget is a move to a lower tax regime either by raising the basic tax exemption limit by at least Rs 50 thousand which ha

Want to Calculate Your income Tax? How You Can Do That

If you think that calculating taxable income is a big thing, then you are wrong. It is simple the only thing you need to know is about the deductions and exemptions you are claiming for and the relevant sections. However, one must take the help of a chartered accountant in Delhi or a financial advisor in doing so.  The salary received by an employee is taxed under the head income from salary. The computation of tax is done mainly on the gross salaried person. It is necessary for every individual to understand the basic calculation for computing income tax. Suppose,  somebody is earing an annual salary income of Rs. 11 lakh and has done the following investments In the financial year.  read more information visit at:  http://bit.ly/1ZfOddK

Now Foreign Invesors Can Invest in Unlisted Corporate Debt Securities.

As announced in the Union Budget 2016-17, it has now been decided to expand the investment basket of eligible instruments for investment by FPIs under the corporate bond route to include the following: (i) Unlisted corporate debt securities in the form of non-convertible debentures/bonds issued by public or private companies subject to minimum residual maturity of three years and end use-restriction on direct foreign investment in india  real estate business, capital market and purchase of land. The expression ‘Real Estate Business’ shall have the same meaning as assigned to it in Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 Notification No.FEMA.362/2016-RB dated February 15, 2016. The custodian banks of FPIs shall ensure compliance with this condition. Read more information visit at:  http://bit.ly/2jToKZX

Traders Promised Registration in One Day.

Even as the contours of the GST remain fluid, the Delhi government has eased the procedure for grant of registration to fresh applications to encourage more traders to contribute towards its kitty of Value Added Tax (VAT). Guidelines eased: In circular issued on Friday, The department of trade and taxes said that applicant dealers would be granted company registration in india within a day of applying through a mobile platform, even as it eased guidelines around the provision of bank details for the purpose. The provision of providing bank account details at the time of applying for registration under the DVAT and CST act has been made optional which will encourage more traders to register. Get more information visit at:   http://bit.ly/2jhCxvN

Authorized Persons to Exchange Old Notes Held by Foreigners Up to Rs 5,000 Till Dec 15

Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 giving certain exemptions to foreign tourists visiting India. In super session of instructions issued therein, it has been decided that foreign citizens (i.e. foreign passport holders) can exchange foreign exchange for Indian currency notes up to a limit of Rs. 5000/- per week till December 15, 2016 subject to the tenderer submitting a self-declaration that this facility has not been availed of during the week in accounting outsourcing companies in India . The Authorized Person shall keep the passport details and the above declaration on record. Authorized Person may also ensure that the total value of such exchange to Indian currency notes does not exceed Rs. 5000/- during the week. 2. The Instruction in respect of issue of prepaid instruments by Authorized Dealer Category I Bank shall continue in indirect taxation in India . 3. Authorised Persons may follow the a

7 ways your outsourced services saves your time and money

In today’s globally connected world where the customers are based out of another country, the developers are based out of a different location and most of the communication happens on platforms like slack or base camp, the advantage is that work no longer needs to be kept within the four walls of an office. Key functions today can be performed remotely which benefits the small businesses. Benefits the bottom line of a company It is expensive to hire in-house resources to manage financial aspects. It can be financially straining for small businesses to hire a full-time accounting staff or specialist. Hiring in-house employees also attract additional costs like insurance, taxes, provident fund, training cost etc. Additionally, there’s cost of office space, stationary, supplies etc. which is spent on the accounting team. An  outsourced payroll services  benefits from eliminating all such expenses and managing the supplemental complexities. Pay for what you use expert s

Top Reasons to hire professional for the legal paperwork of your business

Starting your own business could be troublesome and might not be success all the time in payroll management services . If the foundation are not relayed properly. We have enumerated the top legal documents that need to be acquired before you launch your first startup we will discussing the top five reasons why you should consider the help of a professional for handling your legal business documents. There are some legal documentation payroll services providers as well as small business legal documentation services on the internet that you can choose from depending on your budget. Money is involved here. So you definitely want to make each penny count. Be sure not to fall to fall to the lure of cheap priced legal documentation services that may end up being fake and will be the main reason for your downfall. Check out the reviews and opinions of other customers before putting your money on someone. Since these legal documents are a pre requisite to the success of your

8 Benefits of Cashless Payroll Processing for Small Business

One such highly important activity is the payroll services for the employees, Usually to manage this, SME’s prefer to outsourcing payroll services , However, now SME’s can try the new cashless online payroll services solutions available in the market. The benefits of using such services can add up in the long run and the recent demonetisation effect and cashless movement has opened up new opportunities. Every though few people have shown resistance towards the cashless movement, if electronic monetary systems will be successfully implemented across sectors and organisation, people will necessarily have to accept the new cashless system. Cashless payroll systems provide various advantages to the organisations and it is easy to understand why everyone will gladly accept it, without having to be forced into. Listed below are  few such advantages that organization will receive with cashless payroll processing for their employees. Read more information visit at: