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Payroll & related activities

Last post January 1, 2017 03:36 AM by gunjan_kothari. 1 repiles.

January 1, 2017 03:33 AM 1
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Payroll & related activities

Hello,

I want to know if payroll just means salary payout and related activities like PF, ESIC, TDS etc. or there are some more activities that form a part of this sub-function?

Can you enlighten on this subject please.

Thanks,

Almeida

January 1, 2017 03:362
gunjan_kothari
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Re: Payroll & related activities

In simple terms, it is the relation between employee and employer in the monetary terms in accordiance to the services rendered by employee to the company. To answer your question, it can include salary, bonus, incentives, perquisites etc.