1. TRAINING|CONSULTING|OUTSOURCING
Payroll
In a company, payroll is the sum of all financial records of salaries for an employee, wages,
bonuses and deductions. In accounting, payroll refers to the amount paid to employees for
services they provided during a certain period of time. Payroll plays a major role in a company
for several reasons.
From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably
affect the net income of most companies and they are subject to laws and regulations (e.g. in the
US payroll is subject to federal, state and local regulations). From an ethics in business
viewpoint payroll is a critical department as employees are responsive to payroll errors and
irregularities: good employee morale requires payroll to be paid timely and accurately. The
primary mission of the payroll department is to ensure that all employees are paid accurately and
timely with the correct withholdings and deductions, and to ensure the withholdings and
deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and
deductions from a paycheck.
Who can join this training program
 For fresher’s wanting to get into HR/ starting their careers in HR.
 Fresh MBA-HR / MPM / MSW /MLL/ MIPRM / MBS wanting to learn practical HR
concepts.
 BPO executives aspiring for a HR career.
 Junior-level HR executives.
 Any graduate interested in HR career.
Other Details
 On joining you will receive a Welcome Kit containing – Study Materials, Notepad and
Pen
 Online and Classroom Training – Both facilities are available
 Duration – 20 hours Programme
 Weekends/Weekdays classes are available
 Classes will be scheduled weekly twice/thrice
 Each session will be for two/three hours
 Tests will be conducted at the end of course to evaluate
 On successful competition certificate will be provided
 Resume building and Placement Assistance

2. Syllabus
Serial No: Chapters/Module Topics
1 Statutory Acts The Provident Fund Act 1952
The Employee State Insurance Act (ESIC)
Professional Tax
House Rent Allowance
Bonus Act
Gratuity Act
2 Salary Break up Introduction
Salary slip formation
3 Cost to company Introduction
Designing of CTC
4 TAX Calculations Introduction
Reference to Income Tax Act
Yearly tax calculation
TDS calculation
5 MIS Report & Payroll Software Preparing MIS Report for Payroll
Pay Structure
Basic, DA, HRA, Conveyance, Medical
allowances, other Allowances etc.
Leave Management (CL, EL, SL)
Deductions PF, ESI, PT,TDS etc
Contributions PF, ESI etc
Statutory Form Filing
Calculation of Net & Gross Salary
CTC Designing
Preparation of Salary Break – up
For more details please call us at + 91 9566296052 or Call us to schedule a free demo