Load more

HR & Payroll Service


7542 Customers

Payroll Assist

Offers and discounts

Get GST eInvoice with Input Tax Credit

Pricing Summary

Market Price           :₹29,999

Bmcsindia:              ₹5,000 All Inclusive


You Save                  :₹24,999(51%)

Payroll/HR management processing

Experience streamlined HR and Payroll solutions with, where our comprehensive software service revolutionizes your business's payroll processing and ensures seamless tax compliance. Our team of experts brings a dedicated accountant to manage your payroll and tax filings, guaranteeing adherence to government regulations and steering clear of legal complications. Discover a range of services, including Monthly Payroll processing, TDS Filing, ESI Filing, and PF Filing. With our advanced LEDGERS compliance platform, effortlessly handle employee data, monitor attendance, generate pay slips, and automate payroll processes. Gain a real-time insight into your financials, empowering you to make well-informed decisions. At, we are unwaveringly committed to delivering the pinnacle of HR and Payroll software services in India. Connect with our experts today and explore how we can elevate your business's efficiency and compliance to new heights.

What is Payroll processing?

Payroll is a comprehensive list of employees compensated by a company, encompassing the total amount employers pay to their workforce. The payroll function involves establishing an organizational pay policy, incorporating flexible benefits and leave encashment policies. Payroll management extends to Payslip components such as basic salary, variable pay, HRA, and LTA. It also encompasses gathering additional payroll inputs, like those related to the organization's food vendor supply. In tandem with HR management, payroll activities encompass releasing employee salaries, depositing dues such as TDS and PF with relevant authorities, and filing necessary returns. The holistic process of payroll processing includes calculating the Net Pay after adjustments for taxes and other deductions

Payroll processing and HR management

Payroll processing in India

Pre-Payroll Activities

Defining payroll policy

The initial phase involves the establishment of key policies that govern payroll processes, with these policies subsequently requiring approval from management to attain standardization. Essential policies include the Pay Policy, Attendance Policy, Leave and Benefits Policy, among others.

Gathering inputs

At this stage, the inputs are gathered from various departments to ensure the accurate calculation of the payroll.

Source of DataData Example
EmployeesIncome tax declaration, facilities availed, and more
HR teamSalary structure, eligibility for benefits
Finance teamDeduction for recoveries
Leave and attendance systemsData from attendance systems, current work shift, etc.
General service providersTransport service provider, canteen vendor, etc.

This data collection can seem tedious at first but registering with Bmcs will make it more hassle-free.

Input validation

Validating the gathered data is crucial, as even a minor error can disrupt the entire payroll process. It's imperative to verify that the list includes only active employees, with no records of inactive ones. Additionally, meticulous checks should be conducted to ensure data compliance with company policies and its presentation in the correct format.

Payroll Calculation

In this phase, the validated input data is entered into the payroll system for the actual payroll processing, culminating in the determination of Net Pay after adjusting for essential taxes and deductions. Following the completion of the payroll process, it is advisable to conduct a thorough reconciliation of values to ensure accuracy and mitigate the risk of future errors

Post- Payroll

Statutory compliance

The payroll administrator must diligently adhere to statutory compliance, overseeing various deductions such as EPF, TDS, and ESI during the payroll processing. Subsequently, these deductions are remitted to the respective authorities or government bodies.

Payroll accounting

Every organization is mandated to uphold accurate bookkeeping, with employee salaries representing a significant entry in the books of accounts.


You've accurately highlighted the filing timeline for Form 8 by Limited Liability Partnerships (LLPs). The requirement to file Form 8 within 30 days from the conclusion of six months after the financial year ends sets a specific timeframe for compliance.


The final stage involves the preparation of a comprehensive report, ensuring accuracy and including vital information such as department or location-wise employee costs.

Various methods of payroll management

Excel-based payroll management

At the initial stages of operations, especially when a company has a limited number of employees, Excel-based payroll management is a common choice. This method involves calculations on Excel sheets using standardized payroll calculation templates, where preset mathematical formulas assist the payroll officer in computations. However, it's important to note that this method may be prone to errors, such as...

Outsourcing Payroll

When the payroll function is outsourced, an external agency takes charge of the entire process. The payroll service provider furnishes various data, including attendance, leaves, and reimbursement details, based on the monthly pay cycle. Subsequently, the external service provider computes the payroll and manages statutory compliance. Entrusting this crucial function to Bmcs ensures comprehensive support in meeting all your payroll requirements.

Challenges in Handling Payroll Management Process

Because of these two reasons, payroll management processing becomes difficult

The requirement of statutory compliance

Failure to adhere to statutory laws can result in fines or, in extreme cases, pose a threat to the very existence of a business. By registering with Bmcs, you automatically ensure that payroll processing is in strict compliance with statutory laws, mitigating the risk of penalties and safeguarding the business's continuity.

Dependence on multiple payroll input sources

Prior to payroll processing, gathering data from diverse sources is crucial, including the attendance register, records of availed conveyance facilities, and information from the HR team such as salary revision details. This process can be tedious. Historically, HR and payroll managers have relied on Excel sheets for managing payroll. However, this method comes with challenges, including dependency on Excel formulas for salary calculations, complexities in adding or removing employees, and limitations such as manual data entry and difficulty in extracting information.

Why Choose Bmcs HR and Payroll Management?

At bmcsindia, we empathize with the challenges businesses face in managing HR and payroll processes. This understanding has led us to develop a comprehensive HR and payroll management service that is tailored to meet your specific needs. Our collaborative team of accounting experts and payroll specialists is dedicated to delivering the following benefits:

Select Bmcs for your HR and Payroll Management needs, and enjoy a seamless and hassle-free experience that ensures compliance with government regulations. Reach out to us today to discover more about how our services can contribute to the success of your business.

DefinitionUnregistered type of business entity managed by one single personA formal agreement between two or more parties to manage and operate a businessA Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company.Registered type of entity with limited liability to the owners and shareholders
OwnershipSole Ownership

Min 2 Partners

Max 50 Partners

Designated Partners

Min 2 Directors

Min 2 Shareholders

Max 15 Directors

Max 200 Shareholders

For One Person Company

1 Director

1 Nominee Director

Registration Time7-9 working days
Promoter LiabilityUnlimited LiabilityLimited Liability


GST Registration

Partnership Deed

LLP Deed

Incorporation Certificate



Incorporation Certificate

GovernanceUnder Partnership ActLLP Act, 2008Under Companies Act,2013
TransferabilityNon TransferableTransferable if registered under ROFTransferable
Compliance RequirementsIncome tax filing if turnover is more than Rs.2.5 lakhsITR 5

Form 11

Form 8



MCA filing


Know More

Frequently Asked Questions

BMCS India offers comprehensive business consultancy services, including strategy development, market research and analysis, financial advisory, operational optimization, and organizational transformation. We provide customized solutions to help businesses address challenges and achieve their growth objectives.

BMCS is the top most business management consultant all around the world. Our team of experienced consultants leverages industry knowledge, market insights, and proven methodologies to provide tailored solutions that align with your business goals. Whether you need assistance with market entry, strategic planning, process optimization, or talent management, we collaborate closely with you to understand your unique needs

BMCS India has expertise across various industries, including but not limited to technology, healthcare, manufacturing, retail, finance, and hospitality. Our consultants have worked with diverse clients, enabling us to understand industry-specific challenges and devise strategies that meet your sector's requirements.

To engage our services, you can reach out to us through our contact form, email, or phone. Our team will schedule an initial consultation to discuss your business objectives, challenges, and requirements. Following this consultation, we will provide a tailored proposal outlining the scope of work, deliverables, timeline, and pricing for your approval.

Absolutely! We work with businesses of all sizes, ranging from startups and small enterprises to multinational corporations. Our services are flexible and customizable to meet your specific needs, ensuring that you receive the level of support required to achieve your business objectives, irrespective of your company's size.

At BMCS India, we understand the importance of client confidentiality. We adhere to strict data protection protocols and maintain the highest level of confidentiality. Our consultants sign non-disclosure agreements, and we have robust internal systems in place to safeguard client information. Rest assured, your sensitive data is handled with the utmost care and confidentiality.

Yes, we can help your business expand internationally. Our team has experience and expertise in supporting companies with market entry strategies, feasibility studies, partner identification, and localization strategies in various global markets. We leverage our network of international partners to provide you with valuable insights and guidance throughout the expansion process.

To get started with BMCS India, simply reach out to us through our contact information on our website. We will be glad to schedule an initial consultation to understand your business requirements and discuss how our services can benefit you. From there, we will work together to develop a tailored plan to drive your business success.