Payroll Services in Bangalore

Payroll is where compliance meets your employees' trust. A late PF deposit is not just a penalty — it is disallowed as a business expense and noticed by every employee whose passbook does not update. Krishna & Associates runs managed payroll for SMEs and startups in Bangalore, combining accurate computation with disciplined statutory-deadline tracking so nothing slips.

The Monthly Payroll Cycle

Each month we process attendance and inputs, compute gross-to-net with the correct statutory deductions, generate payslips, and prepare the bank transfer file. The output is a clean, reconciled payroll register that ties back to your books and feeds your statutory returns.

Provident Fund

PF is compulsory for establishments with 20 or more employees, with both employee and employer contributing 12%. The statutory wage ceiling is ₹15,000, though many employers contribute on full wages. The employer's share is a cost the employer must bear and cannot be recovered from the employee. Critically, PF must be deposited by the 15th of the following month — late deposit is disallowed as an expense under Section 36(1)(va).

Employees' State Insurance (ESI)

ESI covers employees earning gross wages up to ₹21,000 per month (₹25,000 for persons with disabilities), with the employee contributing 0.75% and the employer 3.25%. We handle ESI registration, monthly contribution and the linkage that lets employees access ESIC dispensary and medical benefits.

Professional Tax (Karnataka)

Karnataka levies professional tax on salaried employees — currently ₹200 per month for monthly salaries of ₹25,000 and above, with lower salaries exempt. We manage employer registration, monthly deduction and the periodic returns so this small but frequently-missed levy stays compliant. Alongside it we track Karnataka Labour Welfare Fund contributions and monitor gratuity accrual under the Payment of Gratuity Act, 1972, which becomes payable once an employee completes five years of continuous service — a liability that is easy to overlook until someone resigns.

TDS on Salaries

Salary TDS is governed by Section 192. We collect investment declarations and Form 12BB, compute monthly TDS under the employee's chosen regime, file Form 24Q, and issue Form 16 by 15 June following the year — work that connects directly with our TDS practice.

Labour Code Compliance

India's four labour codes — including the Code on Wages, 2019 and the Code on Social Security, 2020 — will reshape definitions of "wages" and contribution bases once fully notified. We track the implementation status and will adjust your payroll structure when the codes take effect, so you are not caught out by a sudden change in contribution base.

Why Managed Payroll

Outsourced payroll gives you accuracy, statutory-deadline tracking and audit-ready records without building an in-house team. It pairs naturally with our internal audit (statutory-dues testing) and is often set up at the same time as incorporation when founders make their first hires. Browse all our services.